2025 Gift Tax Limit Over 50. 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. One is allowed to give over $19,000 per recipient to as many people as they want in the year 2025 without being taxed.
For the calendar year 2025, the annual gift tax exclusion will increase to $19,000 per recipient, up from $18,000 in 2024. Federal tax law allows each taxpayer to gift up to $19,000 per year to one individual without incurring federal gift taxes.