2024 Gift Tax Limited Liability. There's no limit on the number of individual gifts that can be made, and couples can give double that amount if. In 2024, an individual can make a gift of up to $18,000 a year to another individual without federal gift tax liability.

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. Gift tax rules and guidelines for 2024, including the annual gift tax exclusion and lifetime tax exemption, can significantly impact your estate planning and financial gifting strategies.