Gift Limit 2025 Per Person Per Person. Federal tax law allows each taxpayer to gift up to $19,000 per year to one individual without incurring federal gift taxes. The irs's 2025 tax updates raise gift tax exclusions to $19,000 per person and estate tax exemptions to $13.99 million.

Effective january 1, 2025, you will be able to make individual gifts of up to $19,000 in the calendar year (an increase from $18,000 in 2024) tax. For gifts made to individuals during their lifetime, the annual exclusion limit for 2025 is $19,000 per recipient.