2025 Gift Limit Per Person Limit. Remember that each person has an annual gift tax limit, meaning you have $19,000 to give per recipient in 2025. There's no limit on the number of individual gifts that can be made, and couples can give double that amount if.
You only pay the gift tax if you exceed the lifetime exclusion, and that only happens if you exceed the annual exclusion. 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.
