2024

Gift Amount To Children Limit 2024

Gift Amount To Children Limit 2024. How much money can i gift my children? 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).


Gift Amount To Children Limit 2024

Published 20 aug 2024, 04:41 pm ist. 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.

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