2025 Gift Tax Exclusion Rules

2025 Gift Tax Exclusion Rules. This generally means that an estate of a decedent who dies in 2025 with combined assets and prior taxable gifts in. Beginning on january 1, 2025, the federal estate, gift and gst tax exemptions will be $13,990,000 per taxpayer, an increase of $380,000 from 2024.

(these are the numbers you’ll refer to when planning your 2025 tax liability, returns. The federal estate tax doesn’t apply unless you hit a certain exemption amount.