Gift Limit 2024 Per Person. Learn about gift deeds, tax exemptions, capital gains, stamp duty, and registration requirements. The lifetime gift tax exemption is tied to both the annual gift tax exclusion and the federal estate tax.

Married couples can each gift $18,000 to the same person, totaling $36,000, up from $34,000 in 2023. The annual exclusion for gifts is set to rise to $18,000 per person for the 2024 calendar year, marking an increase from $17,000 in the previous year.