Gift Limit 2025 Per Person Per Year. Starting january 1, 2025, the annual gift tax exclusion will increase to $19,000 per recipient, up from $18,000 in 2024. The irs recently announced increases in gift and estate tax exemptions for 2025.
The annual gift tax exclusion will rise to $19,000 per recipient, up $1,000 from the 2024. This means that an individual can gift up to $19,000 to any number of recipients without exceeding.
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