Gift Tax 2024 Limit. 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). This is known as the “gift tax.
You can use this gift tax calculator to determine the amount of tax you owe over a given taxation period. For 2024, the annual gift tax limit is $18,000.