2024 Gift Guidelines

2024 Gift Guidelines. The gift tax rate ranges from 18% to 40%, depending on the amount of the gift and your tax bracket. Married couples can each gift $18,000 to the same person, totaling $36,000,.

Understanding how these exclusions and exemptions. At its general core, the federal gift tax annual exclusion allows taxpayers to transfer relatively significant sums to their children or other beneficiaries each year without incurring gift.