In 2026, the annual gift tax exclusion is:

In 2026, the annual gift tax exclusion is:

• A. $10,000
• B. $19,000
• C. $32,000
• D. $15,000,000

Answer: (B)

The main idea is how much you can give to one person in a single year without it counting toward gift tax. That annual exclusion is adjusted for inflation, and in 2026 it is nineteen thousand dollars per recipient. So you can give up to 19,000 to any one person in 2026 without owing gift tax or using up your lifetime exemption. If you’re married and elect to split gifts, you and your spouse can effectively give up to 38,000 to the same recipient without tax. The other numbers aren’t the 2026 per-recipient annual limit: one is an older figure, and a much larger amount represents the lifetime exemption, which works differently from the annual exclusion.

The main idea is how much you can give to one person in a single year without it counting toward gift tax. That annual exclusion is adjusted for inflation, and in 2026 it is nineteen thousand dollars per recipient. So you can give up to 19,000 to any one person in 2026 without owing gift tax or using up your lifetime exemption. If you’re married and elect to split gifts, you and your spouse can effectively give up to 38,000 to the same recipient without tax.

The other numbers aren’t the 2026 per-recipient annual limit: one is an older figure, and a much larger amount represents the lifetime exemption, which works differently from the annual exclusion.