2025 Annual Gift Tax Exclusion Amount. This means you can gift up to $19,000 to each person in your life without needing to file a gift tax return. This allows individuals to gift up to $19,000 per recipient without incurring gift tax or using up their lifetime exemption.
The irs released the 2025 annual inflation adjustments for various tax provisions. The annual gift exclusion amount will increase to $19,000 per recipient (up from $18,000 in 2024).