Lifetime Gift Tax Exclusion 2025. Starting january 1, 2025, the federal lifetime gift, estate, and gst tax exemption amount will increase to $13,990,000 per person or $27,980,000 for a married couple. One of the most beneficial provisions in gift tax law is the annual gift exclusion.
Anyone with an estate or lifetime gifting that exceeds the significantly reduced exemption cap in 2026 could end up owing a 40% tax on the amount over the limit. Now is the time to help.