Gift Tax 2024 Calculator Usa. The 2024 gift tax limit is $18,000, up from $17,000 in 2023. Here's how the gift tax works, along with current rates and exemption amounts.

The gift tax limit (also known as the gift tax exclusion) increased to $18,000 this year, up from $17,000 in 2023. In 2023, the annual gift tax “exclusion amount” is $17,000 per person.