2025 Gift Tax Limit For Children

2025 Gift Tax Limit For Children. In 2024, the exclusion amount is $18,000 per person. Married couples may gift up to $38,000 per recipient.


2025 Gift Tax Limit For Children

Starting january 1, 2025, the annual gift tax exclusion will increase to $19,000 per recipient, up from $18,000 in 2024. The estate tax exemption is the amount of assets that can be transferred to heirs without paying federal estate tax.

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