Gift Limit 2025 Per Person Full. In 2025, an individual can make a gift of up to $18,000 a year to another individual without federal gift tax liability. The 2025 lifetime gift limit is $13.61 million, up from $12.92 million in 2023.
This is up from $17,000 in 2023 and you never have to pay taxes on gifts that are. If a gift exceeds the $18,000 limit for 2025, that does not automatically trigger the gift tax.
The 2025 Gift Tax Limit Is $18,000, Up From $17,000 In 2023.
And because itโs per person, married couples can exclude double that in.
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However, if you receive gifts higher than this amount, the entire gift becomes taxable.
What Is The Gift Tax Limit?
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Ordinary Monetary And Property Gifts Are Unlikely To Be Impacted By This Tax, Since The Yearly Limit For 2025 Is $18,000 Per Giver Per Recipient.
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In 2025, An Individual Can Make A Gift Of Up To $18,000 A Year To Another Individual Without Federal Gift Tax Liability.
The historical gift tax exclusion amount is $18,000 for 2025, up from $17,000 in 2023, and up from $16,000 in 2022.
And Because Itโs Per Person, Married Couples Can Exclude Double That In.