2024 Annual Gift Exclusion Amount. The federal gift and estate tax exemption amount for 2024 is $13.61 million, up from $12.92 million in 2023. To the extent that any credit.
The federal gift and estate tax exemption amount for 2024 is $13.61 million, up from $12.92 million in 2023. Generally, the estate and gift tax exemption is used to determine the aggregate value of the taxable gratuitous transfers that a.