Lifetime Gift Tax Exclusion 2024 Married Jointly

Lifetime Gift Tax Exclusion 2024 Married Jointly. Starting on january 1, 2024, the annual exclusion on gifts will be $18,000 per recipient (up from $17,000 in 2023). The lifetime unified gift and estate tax exemption will increase from $12,920,000 to $13,610,000 in 2024.


Lifetime Gift Tax Exclusion 2024 Married Jointly

The gift tax limit (also known as the gift tax exclusion) increased to $18,000 this year, up from $17,000 in 2023. A married couple filing jointly can double this.

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