2025 Gift Tax Exclusion Amount
2025 Gift Tax Exclusion Amount. The estate tax exemption is the amount of assets that can be transferred to heirs without paying federal estate tax. (which is $13,990,000 in 2025).
The lifetime estate and gift tax exemption increases to $13.99 million per individual in 2025, allowing a married couple to shield up to. While there is no new york state gift tax, if an individual who made gifts dies.