Maximum Tax Free Gift 2024

Maximum Tax Free Gift 2024. What gift planners should know: If your donor is establishing a.


Maximum Tax Free Gift 2024

For 2024, the lifetime gift tax exemption is $13.61 million, up from $12.92 million in 2023. This year, gift givers can put up to $18,000, or up to $36,000 if you’re married and file taxes jointly, per child into a 529 without those contributions counting toward your lifetime gift.

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