2024 Gift Limit Exclusion. The elective deferral limit for employees contributing to 401(k), 403(b),. For 2024, the annual gift tax limit is $18,000.

A married couple filing jointly can double this amount and gift individuals $36,000 apiece in 2024. The 37 percent tax rate will affect single taxpayers whose income exceeds $609,350 in 2024 ($626,350 in 2025) and married taxpayers filing jointly whose income exceeds.