2024 Gift Tax Exclusion. The combined gift and estate tax exemption will be $13.61 million per individual for lifetime. This means that you can give up to $13.61 million in gifts throughout your life without ever having to pay gift tax on it.

This exclusion amount, adjusted for inflation, is now $13.61 million and is expected to be. This means that you can give up to $13.61 million in gifts throughout your life without ever having to pay gift tax on it.