2024 Gift Limit

2024 Gift Limit. (that’s up $1,000 from last year’s limit since the gift tax is one of many tax amounts adjusted annually for inflation.) for married couples. A key exemption is the annual gift tax exclusion.

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 impose their own estate, gift, or inheritance tax. The unified estate and gift tax exclusion amount, $13,610,000 for gifts made and decedents dying.