Annual Gift Tax Exclusion 2025. Looking forward to 2025, the irs recently announced that the annual gift tax exclusion will increase to $19,000 per individual, while the lifetime estate and gift tax exemption will rise. So, the current (2024) lifetime gift tax exclusion is $13,610,000.00 and the new lifetime gift tax exclusion (2025) will be $13,990,000.00 per u.s.

The annual gift tax exclusion will be $19,000. In 2025, the annual gift exclusion will rise to $19,000 per recipient—an increase from the $18,000 limit in 2024.