How Much Can You Gift Tax Free 2024
How Much Can You Gift Tax Free 2024. How much money can people exclude from estate and gift taxes? Gift tax rules allow up to $18,000 annually, per recipient, in 2024, but there's a lifetime exclusion. £2,500 to a grandchild or great. Starting on january 1, 2024, the annual exclusion on gifts will be $18,000 …