Gift Limit 2025 Per Person Ukraine. For 2025, the annual gift tax exclusion rises to $19,000. The tax cuts and jobs act delivered a sizable increase in the tax exemption limit for estates and lifetime gifts โ up to $13.61 million per person in 2024.
In 2024, you can make annual gifts to any one person up to a maximum of $18,000 per year ($19,000 in 2025). You only pay the gift tax if you exceed the lifetime exclusion, and that only happens if you exceed the annual exclusion.
Gift Limit 2025 Per Person Ukraine Images References :
