What Is The Irs Gift Limit For 2025

What Is The Irs Gift Limit For 2025. The internal revenue service (irs) has released its tax inflation adjustment figures for tax year 2025. Annual gift tax exclusion effective january 1, 2025, you will be able to make individual gifts of up to $19,000 in the.


What Is The Irs Gift Limit For 2025

This amount is the maximum you can give a single person without having to report it to the irs. Married couples may gift up to $38,000 per recipient annually without triggering gift tax or reporting.

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