Winter 20irs Cash Gift Limit 2024. Learn how the annual gift exemption impacts your gifting strategy with insights from cotts law. This means that during 2023, you could give up to $17,000 to any number of.

For the 2023 tax year, the irs established a gift tax limit of $17,000 per recipient. Any amount over the $18,000 annual limit is now considered a “taxable gift”.