Kari Sandye

2025 Annual Exclusion Gift Amount. Looking forward to 2025, the irs recently announced that the annual gift tax exclusion will increase to $19,000 per individual, while the lifetime estate and gift tax exemption will rise. The basic exclusion amount for determining the amount of the unified credit against estate tax under irc section 2010 will be $13,990,000 for decedents who die in 2025,.

Starting january 1, 2025, the federal lifetime gift, estate, and gst tax exemption amount will increase to $13,990,000 per person or $27,980,000 for a married couple. Estate tax, gift tax, and generation.