2025 Gift Tax Exclusion Limit Married Filing Jointly

2025 Gift Tax Exclusion Limit Married Filing Jointly. With proper estate and tax planning, the federal exemption amount for married couples is double the individual exemption, or $27,980,000 in 2025. This amount is the maximum you can give a single person without having to report it to the irs.

The gift tax exclusion amount will increase from $18,000 to $19,000 in 2025 (a combined $38,000 for married couples). For those who earn income offshore, the service increased the.