Annual Gift Tax Exclusion 2025: Limits, Lifetime Exemption, and Estate Tax Changes
The 2025 gift tax exclusion allows individuals to gift up to $19,000 per person annually without tax consequences. Married couples can double this to $38,000. Exceeding the limit doesn’t incur immediate tax due to a lifetime exemption over $13 million. Certain payments for education and medical care can evade limits entirely.