Irs Gift Tax 2025

Irs Gift Tax 2025. For those considering gifting money or property to another person, gift tax can come into play. Taxpayers considering large gifts or estate transfers.


Irs Gift Tax 2025

The lifetime estate and gift tax exemption will rise to $13.99 million per individual in 2025, up from $13.61 million in 2024. The exclusion will be $19,000 per recipient for 2025โ€”the highest exclusion amount ever.

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