2024 Gift Limits To Children. In 2024, an individual can make a gift of up to $18,000 a year to another individual without federal gift tax liability. 2 you’ll have to report any gifts you give above that amount to the.

For married couples, the limit is $18,000 each, for a total of $36,000. The gift tax limit (or annual gift tax exclusion) for 2023 is $17,000 per recipient.