2024 Estate Tax Exemption Amount 2024

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2024 Estate Tax Exemption Amount 2024. The annual exclusion applies to gifts of $18,000 to each donee or recipient per calendar year. The annual gift tax exclusion will be $18,000 per recipient for 2024.


2024 Estate Tax Exemption Amount 2024

In 2023, you can make annual gifts to any one person up to a maximum of $17,000 per year ($18,000 in 2024, estimated to be $19,000 in 2025). The federal estate tax exemption amount went up again for 2024.

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