Maximize Gifts: 2025 Tax Exclusion Details
Update: 2025-11-26
Description
In 2025, you can gift up to $19,000 per person without gift tax, thanks to the annual exclusion. This applies to cash, property, or other valuables. Exceed this limit, and itll count against your lifetime estate tax exemption, currently at nearly $14 million. The giver, not the receiver, pays the gift tax, if applicable. Some gifts, like spousal or educational/medical expenses, are tax-free. Understand these rules for potential estate reduction strategies.
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