Gift Tax Rates 2025. The irs has announced a higher estate and gift tax exemption for 2025. This amount is the maximum you can give a single person without.

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 annual gift tax exclusion will rise to $19,000 per recipient, up $1,000 from the 2024 limit.