How Much Can You Gift Tax Free 2024. You can use the gift tax exclusion to give away a set amount every year, $18,000 in 2024 ($17,000 in 2023; There's no limit on the number of individual gifts that can be.


How Much Can You Gift Tax Free 2024

The irs recently announced increases in gift and estate tax exemptions for 2025. In 2024, you can give gifts of up to $18,000 to as many people as you want without any tax or reporting requirements.

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