2025 Gift Tax Exemption 2025. Starting on january 1, 2025, the annual exclusion on gifts will be $18,000 per recipient (up from $17,000 in 2023). The lifetime gift tax exemption in 2025 is set at $13.61 million per individual.

For deaths occurring in 2025, estates worth less than $13.6 million pass to heirs free of federal estate taxes. What is the lifetime gift tax exemption for 2025?