Lifetime Gift Tax Exclusion 2024 Irs . For 2024, the internal revenue service (irs) allows individuals to make gifts of up to $18,000 per year to an unlimited number of. For 2024, you can give up to $18,000 to each recipient without triggering the gift tax, which is known as the annual gift tax exemption.
In one year without filing a gift tax return. This means that you can give up to $13.61 million in gifts throughout your life without ever having to pay gift tax on.
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