Max Gift Amount 2024 Elections. The annual gift tax exclusion is $18,000 for 2024 and will be $19,000 in 2025. 9, 2022, the day after the 2022 general.
The government lifetime gift and estate tax exemption will change in important ways starting january 1, 2024. This amount is the maximum you can give a single person without having to report it to the irs.