2024 Gift Exclusion Amount 2024. Gifts in other cases are taxable. Married couples can each gift $18,000 to the same person, totaling $36,000, up from $34,000 in 2023.
โ for 2024, the annual gift tax exclusion is $18,000, meaning a person can give up to $18,000 to as many people as he or she wants without having to pay any taxes on the gifts. โ the 2024 gift tax limit (also known as the gift tax exclusion) increased to $18,000 this year from $17,000 last year.