Lifetime Gift Tax Exclusion 2025

Lifetime Gift Tax Exclusion 2025. The annual exclusion amount for gifts in 2025 allows individuals to give up to $19,000 per recipient without incurring gift tax or needing to file a gift tax return. The lifetime gift/estate tax exemption is projected to be $7 million in 2026.


Lifetime Gift Tax Exclusion 2025

As of january 1, 2025, the federal gift tax annual exclusion amount has increased to $19,000 per donee per donor (or a combined $38,000 per donee for a married couple). This exclusion allows taxpayers to gift assets to individuals each year.

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