Annual Gifting Limits 2025. You only pay the gift tax if you exceed the lifetime exclusion, and that only happens if you exceed the annual exclusion. A detailed guide on 2025 estate and gift tax updates, implications, and strategic planning for securing financial legacies and navigating tax reforms.
The irs annual gift tax limit is $18,000 for 2024 and $19,000 for 2025. (thatโs up $1,000 from last yearโs limit since the gift tax is one of many tax amounts adjusted annually for inflation.) for married couples, the.