Gift Tax Limit For 2025

Gift Tax Limit For 2025. The gift tax exclusion amount renews annually, so an individual who gifted $18,000 to someone in 2024 may gift $19,000 to that same person in 2025, without any. The irs annual gift tax limit is $18,000 for 2024 and $19,000 for 2025.


Gift Tax Limit For 2025

The irs has revealed that, starting in 2025, inflation adjustments will bring significant increases to the annual gift tax exclusion and the lifetime estate and gift tax. Starting january 1, 2025, the annual gift tax exclusion will increase to $19,000 per recipient, up from $18,000 in 2024.

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