2025 Gift Tax Exemption Amount
2025 Gift Tax Exemption Amount. Without any changes to the law, the estate and lifetime gift tax exemption will plummet to $5 million per person. Regarding annual gifts, the current (2024) federal annual gift tax exclusion is $18,000.00 per u.s.
Lifetime estate and gift tax exemption. 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.