Irs Annual Gift Limit 2024. Each year, you can give a certain amount of property to a family member without incurring gift taxes. Married couples can each gift $18,000 to the same person, totaling $36,000,.

For 2024, the lifetime exclusion is $13,610,000 for individuals and $27,220,000 for married couples. In 2024, an individual can make a gift of up to $18,000 a year to another individual without federal gift tax liability.