Gift Amount For 2025. A married couple will have a combined exemption for 2025 of. 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.
For people who pass away in 2025, the exemption amount will be $13.99 million (it is $13.61 million in 2024). 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.