January 1, 2025

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2025 Gift Tax Annual Exclusion

2025 Gift Tax Annual Exclusion. To be considered a 2024 gift, the transfer of the money to the child has to be completed by december 31. Many people will make financial resolutions for 2025.


2025 Gift Tax Annual Exclusion

To be considered a 2024 gift, the transfer of the money to the child has to be completed by december 31. In 2025, the annual gift exclusion will rise to $19,000 per recipient—an increase from the $18,000 limit in 2024.

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