What Is The Irs Gift Limit For 2025

What Is The Irs Gift Limit For 2025. In other words, giving more than $19,000 to any individual in 2025 means you may have to file a gift tax return. The annual gift tax exclusion will rise to $19,000 per recipient, up $1,000 from the 2024 limit.


What Is The Irs Gift Limit For 2025

For 2024, qcds should be reported on the 2024 tax return. Additionally, the lifetime estate and gift tax exemption will grow to $13.99 million per individual for 2025, up from $13.61 million in 2024.

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