Gift Limit 2025 And 2025 Changes. Lifetime estate and gift tax exemption thresholds are poised to be cut in half at the stroke of midnight december 31, 2025, leading to a potentially sharp jump in some estates' tax. The exclusion will be $19,000 per recipient for 2025โthe highest exclusion amount ever.
The annual exclusion amount for gifts in 2025 allows individuals to give up to $19,000 per recipient without incurring gift tax or needing to file a gift tax return. 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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