Max Gift Amount 2024 Elections. For 2024, the annual gift tax limit is $18,000. The historical gift tax exclusion amount is $18,000 for 2024, up from $17,000 in 2023, and up from $16,000 in 2022.
The united states government imposes a gift tax on gifts of money and other property that exceed the annual gift tax limit of $18,000 in 2024. Individual donors can now give $3,300 per candidate per election, an unprecedented $400 increase from $2,900 during the 2022 election cycle.
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