Estate Gift Tax Exemption 2024. In 2023, the federal gift/estate tax exemption amount was $12,920,000, which increased to $13,610,000 with the 2024 inflation adjustment (a $690,000. As announced by the irs, the key 2024 federal transfer tax exemption amounts per taxpayer are as follows:

If your estate exceeds $3.5 million,. Unless congress takes action to.