Estate And Gift Tax Exemption 2025
Estate And Gift Tax Exemption 2025. Effective january 1, 2025, you will be. The lifetime gift/estate tax exemption is projected to be $7 million in 2026.
For 2025, the federal estate, gift, and gst tax exemption will rise to $13,990,000, an increase of $380,000 from the 2024 exemption of $13,610,000. This exclusion allows taxpayers to gift assets to individuals each year.