2025 Gift Tax Free. The combined gift and estate tax lifetime exemption will be $13.99 million per individual for lifetime gifts made in 2025 and for bequests made by a person who passes away. The exclusion will be $19,000 per recipient for 2025.
Who have already utilized prior exemptions may want to take advantage of this additional $760,000 per individual in 2025 to. Knowing the annual gift tax exclusion can save you money and spare you from filing gift tax.