529 Contribution Limits 2024 Pay Tax. Annual contributions over $18,000 must be reported to the irs. — 529 plans do not have annual contribution limits.
— in 2023, you can contribute up to $17,000 to a 529 plan ($34,000 as a married couple filing jointly) and qualify for the annual gift tax exclusion, which lets you. — taxpayers don’t have to file a gift tax return if their total gifts are less than the annual gift tax exclusion amount per recipient.