Gift Tax Amount For 2024 Schrikkeljaar. The lifetime unified gift and estate tax exemption will increase from $12,920,000 to $13,610,000 in 2024. Here's how the gift tax works, along with current rates and exemption amounts.
This amount is the maximum you can give a single person without. For 2024, the estate and gift tax unified credit equivalent (โfet equivalentโ) has increased to $13.61 million per individual.