Maximum Amount Of Gift Tax Free 2024
Maximum Amount Of Gift Tax Free 2024 . In 2024, individuals can give up to $18,000 to one or multiple people without being taxed. The annual federal gift tax exclusion allows you to give away up to $17,000 each in.
This amount is the maximum you can give a single person. The historical gift tax exclusion amount is $18,000 for 2024, up from $17,000 in 2023, and up from $16,000 in 2022.
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