2025 Gift Tax Limits

2025 Gift Tax Limits. The federal gift tax limit goes up to $19,000 in 2025. The annual gift tax exclusion is $18,000 for 2024 and will be $19,000 in 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. Federal tax law allows each taxpayer to gift up to $19,000 per year to one individual without incurring.