2025 Gift Tax Exclusion Limit 2025. In a significant update for estate planning and wealth management, the internal revenue service (irs) has announced an increase in the estate and gift tax exemption for 2025. Knowing the annual gift tax exclusion can save you money and spare you from filing gift tax returns.
With this change, in 2025, an individual may gift up to $19,000 to an unlimited number of recipients without federal gift tax consequences (meaning the gifts do not consume a taxpayerโs federal gift tax exemption and no gift tax. The irs recently announced increases in gift and estate tax exemptions for 2025.
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