How Much Money Can You Gift Tax Free 2024


How Much Money Can You Gift Tax Free 2024. Married couples can each gift $18,000 to the same person, totaling $36,000, up from $34,000 in 2023. For example, last year you could have given.


How Much Money Can You Gift Tax Free 2024

The 2024 gift tax limit is $18,000, up from $17,000 in 2023. The 2024 gift tax limit (also known as the gift tax exclusion) increased to $18,000 this year from $17,000 last year.

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