2024 Gift Tax Exemption Limit. Here we have provided a “cheat sheet” to keep in mind for 2024 federal estate, gift, and gst exemptions, as well as exemptions and inheritance tax consequences in states that. There's no limit on the number of individual gifts that can be made, and couples can give double that amount if.
This means that you can give up to $18,000 to any individual in a single year without incurring federal gift tax. In 2024, an individual can make a gift of up to $18,000 a year to another individual without federal gift tax liability.