Gift Tax Rules 2024. Stay informed with our comprehensive 2024 guide. In 2024, an individual can make a gift of up to $18,000 a year to another individual without federal gift tax liability.

This means you can give up to $18,000 to as many people as you want in 2024 without any of it being subject to. The 2024 gift tax limit (also known as the gift tax exclusion) increased to $18,000 this year from $17,000 last year.