What Is The 2024 Gift Tax Exclusion Amount , What Is The 2024 Gift Tax Exclusion Amount. The annual gift tax exclusion will be $18,000 per recipient for 2024. The gift tax annual exclusion allows taxpayers to make certain gifts without eroding the taxpayer’s lifetime. The gift tax annual exclusion is projected to increase to $19,000 for 2025, an increase of $1,000 from 2024. The gift tax exclusion allows individuals to give gifts up to a certain amount each year without triggering the gift tax. What Is The 2024 Gift Tax Exclusion Amount Images References : 2024
What Is The 2024 Gift Tax Exclusion Amount. The annual gift tax exclusion will be $18,000 per recipient for 2024. The gift tax annual exclusion allows taxpayers to make certain gifts without eroding the taxpayer’s lifetime. The gift tax annual exclusion is projected to increase to $19,000 for 2025, an increase of $1,000 from 2024. The gift tax exclusion allows individuals to give gifts up to a certain amount each year without triggering the gift tax.