What Is The Tax Free Gift Limit For 2025 In The Us. Federal tax law allows each taxpayer to gift up to $19,000 per year to one individual without incurring federal gift taxes. The irs recently announced increases in gift and estate tax exemptions for 2025.

In a significant update for estate planning and wealth management, the internal revenue service (irs) has announced an increase in the estate and gift tax exemption for 2025. Additionally, the lifetime estate and gift tax exemption will grow to $13.99 million per.