2024 Gift Tax. This means you can give up to $18,000 to as many people as you want in 2024 without any of it being subject to the federal gift tax. Gifts are of three types monetary (like cash), immovable property, and movable.
This means that you can give up to $13.61 million in gifts throughout your life without. โ for 2024, the annual gift tax exclusion is $18,000, up from $17,000 in 2023.