Gift Tax 2024 Limit. As of 2022, your lifetime exclusion is $12.06 million. For 2024, the lifetime gift tax exemption is $13.61 million, up from $12.92 million in 2023.
There’s no limit on the number of individual. In 2023, you can make annual gifts to any one person up to a maximum of $17,000 per year ($18,000 in 2024, estimated to be $19,000 in 2025).