2025 Gift Tax Exemption Limit. The annual gift tax exclusion will rise to $19,000 per recipient, up $1,000 from the 2024. Federal estate tax exemption sunset:
Looking forward to 2025, the irs recently announced that the annual gift tax exclusion will increase to $19,000 per individual, while the lifetime estate and gift tax exemption will rise. Effective january 1, 2025, the estate and gift tax exclusion amount and the generation skipping transfer.