2025 Gift Tax Exclusion Annual. The us internal revenue service recently announced that the annual gift tax exclusion is increasing in 2025 due to inflation. The 2025 annual exclusion for gifts will be $19,000, up from $18,000 in 2024.

This exclusion allows taxpayers to gift assets to. If one makes gifts in excess of the annual gift tax exclusion, one must file a gift tax return, due april 15 in the following year, to report the gift and track the amount of the lifetime.