Gift Tax 2024 Exemption. The exemption amount is now $13.61 million per individual (or $27.22 million for a married couple), up from. In 2024, an individual can make a gift of up to $18,000 a year to another individual without federal gift tax liability.
These gifts can include cash as well as. For 2024, the lifetime gift tax exemption is $13.61 million, up from $12.92 million in 2023.