How Much Can You Gift Tax Free 2024. For 2024, the lifetime gift tax exemption is $13.61 million, up from $12.92 million in 2023. The lifetime gift tax exemption is the amount of money or assets the government permits you to give away over the course of your lifetime without having to pay the federal gift tax.

How much money can you gift tax free 2024 lotty riannon, legally, you can gift a family member as much as you wish. The 2024 gift and estate tax exemption is estimated to be $13,610,000.