Annual Gift Tax Exclusion 2025. The gift tax exclusion amount renews annually, so an individual who gifted $18,000 to someone in 2024 may gift $19,000 to that same person in 2025, without any. The internal revenue service (irs) has released its tax inflation adjustment figures for tax year 2025.

Knowing the annual gift tax exclusion can save you money and spare you from filing gift tax returns. The irs recently announced increases in gift and estate tax exemptions for 2025.