Annual Gifting Amount 2025. The donor is typically responsible for paying any gift tax. The internal revenue service (irs) has released its tax inflation adjustment figures for tax year 2025.
For many people, the major take away is that the annual gift exemption is increasing to $19,000. Here are the new exemption amounts for estate tax, gift tax, and generation skipping transfer tax exemptions amounts and the annual exclusion amount for 2025: