Annual Gifting Limit 2024 Neet

Annual Gifting Limit 2024 Neet. For 2024, the annual gift tax limit is $18,000. The annual gift tax exclusion for 2024 is $18,000 per recipient.

In 2024, an individual can make a gift of up to $18,000 a year to another individual without federal gift tax liability. This means that you can give up to $18,000 to anyone without having to worry about paying any.