Gift Taxes 2025

Gift Taxes 2025. After 2025, the higher estate and gift tax exemption enacted by former president donald trump will sunset without action from congress. This exclusion allows taxpayers to gift assets to individuals each year without using any portion of their lifetime gift and estate tax exemption.


Gift Taxes 2025

The federal lifetime estate and gift tax exemption will sunset after 2025. Along with the numerous 2025 tax adjustments mentioned above, the annual gift tax exclusion has gone up to $19,000 for the next year.

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