Tgift Tax 2024 Limit. Married couples can each gift $18,000 to the same person, totaling $36,000, up from $34,000 in 2023. In 2024, an individual can make a gift of up to $18,000 a year to another individual without federal gift tax liability.

Married couples can each gift $18,000 to the same person, totaling $36,000, up from $34,000 in 2023. The gift tax is a tax on the transfer of property by one individual to another while receiving nothing, or less than full value, in return.