What Is The Tax Free Gift Limit For 2025. You do not have to pay. This year, speculation revolves around whether tax slabs will be altered or new relief measures introduced.
The irs recently announced increases in gift and estate tax exemptions for 2025. While the estate, gift and gst tax rate remains the same at 40%, the gift tax annual exclusion increased from $18,000 in 2024 to $19,000 in 2025.