2024 Lifetime Gift Tax Exclusion Amount. This exemption is combined with the estate tax exemption to cover both the total value of. When you die, you can leave up to $12.92 million (less any amounts previously given in excess of the annual exclusions) to your.
The gift tax annual exclusion allows taxpayers to make certain gifts without eroding the taxpayer’s lifetime. For 2024, the lifetime gift tax exemption is $13.61 million, up from $12.92 million in 2023.
