2024 Gift Tax Exclusion Amount. The annual exclusion applies to gifts of $18,000 to each donee or recipient per. For 2024, the annual gift tax exclusion is $18,000, meaning a person can give up to $18,000 to as many people as he or she wants without having to pay any taxes on the gifts.
The historical gift tax exclusion amount is $18,000 for 2024, up from $17,000 in 2023, and up from $16,000 in 2022. 1 for 2024, the limit has been adjusted for inflation and will rise to $18,000.