2025 Gift Limit Per Person Per Year
2025 Gift Limit Per Person Per Year. For the calendar year 2025, the annual gift tax exclusion will increase to $19,000 per recipient, up from $18,000 in 2024. The annual gift tax exclusion is the maximum amount that an individual can gift to another person in a calendar year without triggering federal gift tax obligations.
Federal tax law allows each taxpayer to gift up to $19,000 per year to one individual without incurring federal gift taxes. The act applies only to tax years up to 2025, and it requires the elevated exemption to sunset on december 31, 2025.