Irs Gift Tax Limits 2025

Irs Gift Tax Limits 2025

Irs Gift Tax Limits 2025. Getty images/cnet as the 2025 tax season approaches, the irs has begun to open its free. In addition, gifts from certain relatives such as parents, spouse and siblings are also exempt from tax.


Irs Gift Tax Limits 2025

In addition, gifts from certain relatives such as parents, spouse and siblings are also exempt from tax. This is the lifetime gift tax exemption, and itโ€™s up from $12.92 million in 2025.

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