Irs Gift Tax Form 2024. In 2024, an individual can make a gift of up to $18,000 a year to another individual without federal gift tax liability. Beware of scammers posing as the irs.
In 2023, you can make annual gifts to any one person up to a maximum of $17,000 per year ($18,000 in 2024,. Annual gift tax exclusion increase: