How Much Can Be Gifted In 2025 Without Tax Consequences

How Much Can Be Gifted In 2025 Without Tax Consequences. This means you can give up to $18,000 per person each year without incurring any gift tax or affecting your. The internal revenue service (irs) has released its tax inflation adjustment figures for tax year 2025.


How Much Can Be Gifted In 2025 Without Tax Consequences

The irs annual gift tax limit is $18,000 for 2024 and $19,000 for 2025. Individuals can give up to $19,000 to any number of people in 2025 without triggering gift tax reporting requirements.

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