Gift Limit 2025 Per Person

Gift Limit 2025 Per Person. This exclusion allows taxpayers to gift assets to individuals each year. Without any changes to the law, the estate and lifetime gift tax exemption.


Gift Limit 2025 Per Person

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. The annual estate and gift tax exemption amount in 2025 is $13.99 million per individual, reflecting an inflation increase from the 2024 exemption amount of $13.61 million.

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