Maximum Gifting Amount 2024. This can be achieved through various estate planning strategies,. Married couples can each gift $18,000 to the same person, totaling $36,000, up from $34,000 in 2023.


Maximum Gifting Amount 2024

Starting on january 1, 2024, the annual exclusion on gifts will be $18,000 per recipient (up from $17,000 in 2023). Instead, a gift is taxed only after you exceed your lifetime estate and gift exemption, which in 2024 is $13.61 million for individuals and $27.22 million for married couples.

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