Gifting For 2025. In other words, giving more. Taxpayers typically only pay gift tax on the amounts that exceed the allotted lifetime exclusion, which is $13.61 million in 2024 and $13.99 million in 2025.
Itโs important to note that in 2025, the annual gift tax exclusion will increase to $19,000 per taxpayer and $38,000 for married couples. Gift tax rates range from.