Gift Amount To Children Limit 2025 . Irs Annual Gift Limit 2025 Ross R. Vance The gift tax limit, also known as the gift tax exclusion, is $18,000 for 2024 If the total worth of your estate falls below this amount.
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In other words, if you give each of your children $18,000 in 2024, the annual exclusion applies to each gift. There are also annual limits on individual gifts, which won't affect the lifetime exclusions.
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