Max Gift Amount 2024 In. The income tax department has released new frequently asked questions (faq) about direct tax vivad se vishawas (dtvsv) scheme 2024.this scheme (announced in. As long as the recipient is a living individual with a valid social security number, they qualify.

This represents the maximum amount an individual can gift to another person without. In 2024, an individual can make a gift of up to $18,000 a year to another individual without federal gift tax liability.