What Is The Gifting Amount For 2024. What are gift and estate taxes? Instead, a gift is taxed only after you exceed your lifetime estate and gift exemption, which in 2024 is $13.61 million for individuals and $27.22 million for married couples.

The annual exclusion applies to gifts of $18,000 to each donee or recipient per calendar year.  — 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).