Gift 2025 Limit. On november 2024, the irs announced the revised federal estate tax and gift tax limits for 2025. Effective january 1, 2025, you will be able to make individual gifts of up to $19,000 in the calendar year (an increase from $18,000 in 2024) tax.
The annual gift tax exclusion will rise to $19,000 per recipient, up $1,000 from the 2024. Here’s how the gift tax works, along with current rates and exemption amounts.