2024 Gift Tax Exemption Limit. How much money can you gift? For 2024, you can give up to $18,000 to each recipient without triggering the gift tax, which is known as the annual gift tax exemption.

The lifetime gift tax exemption is tied to both the annual gift tax exclusion and the federal estate tax. The gift tax limit (also known as the gift tax exclusion) is $18,000 for 2024.