What Is The Irs Gift Limit For 2025

What Is The Irs Gift Limit For 2025. Effective january 1, 2025, you will be able to make individual gifts of up to $19,000 in the calendar year (an increase from $18,000 in 2024) tax. 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.


What Is The Irs Gift Limit For 2025

The annual gift tax exclusion will rise to $19,000 per recipient, up $1,000 from the 2024 limit. On november 2024, the irs announced the revised federal estate tax and gift tax limits for 2025.

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