Irs Gift Limits 2024 To Family

Irs Gift Limits 2024 To Family. The united states government imposes a gift tax on gifts of money and other property that exceed the annual gift tax limit of $18,000 in 2024. Explore the increased irs gift and estate limits for 2024.


Irs Gift Limits 2024 To Family

The gift tax limit (also known as the gift tax exclusion) increased to $18,000 this year, up from $17,000 in 2023. For 2024, the annual gift tax limit is $18,000.

Irs Gift Limits 2024 To Family Images References :