2024 Gift Tax Limit Calculator

2024 Gift Tax Limit Calculator. 2 you’ll have to report any gifts you give above that amount to the. Married couples can each gift $18,000 to the same person, totaling $36,000, up from $34,000 in 2023.


2024 Gift Tax Limit Calculator

For 2024, the lifetime gift tax exclusion is projected to be $13.61 million, increasing from 2023’s limit. This calculator reduces the deceased spousal unused exclusion amount used to calculate the unified credit if the amount entered exceeds the basic exclusion amount for the year entered.

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