2024 Gift Tax Limit Calculator. These gifts can include cash as well as other types of. You need not be concerned about taxes on gifts that are.
Gift tax is a federal tax on any gifts you give during the year that are worth more than the annual gift tax exclusion, which is $18,000 for gifts given in 2024 (the exclusion was. For 2024, the lifetime gift tax exclusion is projected to be $13.61 million, increasing from 2023’s limit.