2024 Gift Limit Exclusion 2024

2024 Gift Limit Exclusion 2024

2024 Gift Limit Exclusion 2024. What gift planners should know: The annual amount that one may give to a spouse who is not a us citizen will increase to $185,000 in 2024.


2024 Gift Limit Exclusion 2024

The irs typically adjusts this gift tax exclusion each year based on inflation. For 2024, the internal revenue service (irs) has set the annual exclusion for gift taxes at $18,000 per gifter, meaning you can give up to $18,000 to as many people.

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