2024 Gift Amount Irs. There's no limit on the number of individual gifts that can be made, and couples can give double that amount if. (1) the most common exemptions and exclusions, (2) the irs adjustments to such exemptions and exclusions, and (3) what the 2024 adjustments mean for you.

In 2023, the irs set the lifetime gift tax exemption at $12.92 million, enabling individuals to transfer this amount tax. The gift tax limit (or annual gift tax exclusion) for 2023 is $17,000 per recipient.