Irs Annual Gift Limit 2024 For Education

Irs Annual Gift Limit 2024 For Education. Remember, each year, you can make certain gifts that are not subject to the federal gift tax. Recall, gifts are not tax.


Irs Annual Gift Limit 2024 For Education

 — in 2024, an individual can make a gift of up to $18,000 a year to another individual without federal gift tax liability.  — given the annual gift tax exclusion amount is now $18,000 a year in 2024, you can superfund $90,000 in a 529 plan.

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