2025 Gift Limit Irs. Federal tax law allows each taxpayer to gift up to $19,000 per year to one individual without incurring federal gift taxes. The irs recently announced increases in gift and estate tax exemptions for 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. The gift tax exclusion amount will increase from $18,000 to $19,000 in 2025 (a combined $38,000 for married couples).