2025 Gift Tax Exemption For Individuals

2025 Gift Tax Exemption For Individuals. In a significant update for estate planning and wealth management, the internal revenue service (irs) has announced an increase in the estate and gift tax exemption for 2025. Additionally, the lifetime estate and gift tax exemption will increase to.


2025 Gift Tax Exemption For Individuals

This means that an individual can gift up to $19,000 ($38,000 for a married couple) to any person. Another significant update is the annual gift exclusion amount, which has also seen an increase.

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