Annual Gift Exclusion 2025. The 2025 federal estate and gift tax exemption will be increased to $13,990,000, up from $13,610,000 in 2024. This means that you can give.
The irs recently announced increases in gift and estate tax exemptions for 2025. The federal estate and gift tax exemption will be $13.99 million per individual for 2025 gifts and deaths, up from $13.61 million in 2024.