Annual Gift Tax Exclusion 2024. The annual exclusion for gifts increases to $18,000 for calendar year 2024, increased from $17,000 for calendar year 2023. Starting from calendar year 2024, the annual exclusion for gifts will increase to $18,000, up from $17,000 in 2023.
For example, a man could give $18,000. You need not be concerned about taxes on gifts that are.
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