Irs Gift Tax Exclusion 2025

Irs Gift Tax Exclusion 2025. Looking forward to 2025, the irs recently announced that the annual gift tax exclusion will increase to $19,000 per individual, while the lifetime estate and gift tax exemption will rise. Washington โ€” the treasury department and the internal revenue service today issued final regulations confirming that individuals taking advantage of the increased gift.


Irs Gift Tax Exclusion 2025

The combined gift and estate tax lifetime exemption will be $13.99 million per individual for lifetime gifts made in 2025 and for bequests made by a person who passes away. The gift tax limit, also known as the gift tax exclusion, is $18,000 for 2024.

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