2024 Gift Amount Allowed

2024 Gift Amount Allowed. The lifetime gift tax exclusion in 2022 is $12.06 million, up from $11.7 million in 2021. For married couples, the limit is $18,000 each, for a total of $36,000.

(that’s up $1,000 from last year’s limit since the gift tax is one of many tax amounts adjusted annually for inflation.) for married. Understanding gift tax & the tax free gift limit for 2024