Gift Tax 2024 Limit. Married couples can each gift $18,000 to the same person, totaling $36,000, up from $34,000 in 2023. Understanding how gift tax works and using strategies such as gift splitting, giving in.


Gift Tax 2024 Limit

Spouses can elect to “split”. In 2024, an individual can make a gift of up to $18,000 a year to another individual without federal gift tax liability.

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