2025 Gift Limit Per Person. Remember that each person has an annual gift tax limit, meaning you have $19,000 to give per recipient in 2025. The irs's 2025 tax updates raise gift tax exclusions to $19,000 per person and estate tax exemptions to $13.99 million.

Effective january 1, 2025, you will be. The internal revenue service (irs) has released its tax inflation adjustment figures for tax year 2025.