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2025 Gift Tax Exclusion Lifetime

2025 Gift Tax Exclusion Lifetime. In the following year, the federal lifetime gift and estate tax exemption level will be increased to $13.61 million per person and $27.22 million per married couple. Taxpayers typically only pay gift tax on the amounts that exceed the allotted lifetime exclusion, which is $13.61 million in 2025.


2025 Gift Tax Exclusion Lifetime

The irs typically adjusts this gift tax exclusion each year based on inflation. Here’s how the gift tax works, along with current rates and exemption.

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