2024 Gift Tax Limit Per Individual

2024 Gift Tax Limit Per Individual. The irs has specific rules about the taxation of gifts. A married couple filing jointly can double.


2024 Gift Tax Limit Per Individual

For 2024, the irs has increased the annual gift tax exclusion for individuals from $17,000 to $18,000. The annual amount that one may give to a spouse who is not a us citizen will increase to $185,000 in 2024.

2024 Gift Tax Limit Per Individual Images References :