2024 Lifetime Gift Tax Exclusion Amount. — the 2024 gift tax limit (also known as the gift tax exclusion) increased to $18,000 this year from $17,000 last year. — the unified exclusion amount is $13,610,000 and the annual gift exemption amount is $18,000.
— for example, if someone has used up all their lifetime gift tax exemption, and wishes to give a gift worth $20,000, the taxable value would be the amount that. The 2024 gift tax limit is $18,000, up from $17,000 in 2023.
2024 Lifetime Gift Tax Exclusion Amount Images References :