Gift Rules For 2024. A gift of any form of cash, cheque or property is taxable if it exceeds. This means you can give up to $18,000 to as many people as you want in 2024 without.
For 2024, the annual gift tax exclusion is $18,000, up from $17,000 in 2023. The 2024 gift tax limit (also known as the gift tax exclusion) increased to $18,000 this year from $17,000 last year.