Gift Exclusion In 2025 Irs Rules

Gift Exclusion In 2025 Irs Rules. The gift tax limit, also known as the gift tax exclusion, is $18,000 for 2024. This allows individuals to gift up to $19,000.


Gift Exclusion In 2025 Irs Rules

The annual gift tax exclusion will rise to $19,000 per recipient, up $1,000 from the 2024 limit. A gift tax return is generally not required to be filed if all gifts to various donees do not exceed the annual exclusion amount.

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