2025 Gift Tax Exemption Amount. The 2017 tax cuts and jobs act (tcja) nearly doubled the lifetime estate and gift tax exemption from $5.6 million to $11.18 million for. The irs has announced a higher estate and gift tax exemption for 2025.

The basic exclusion amount for determining the amount of the unified credit against estate tax under irc section 2010 will be $13,990,000 for decedents who die in 2025,. This means that individuals can transfer up to $13.99.