Gifting Limits 2025 To Children. The limit for married couples filing jointly rises to $27.98 million for 2025. For example, if a married couple has three children and five grandchildren, they may transfer $304,000 in 2025 to their descendants without touching their combined $27.98 million gift tax exemption, thus allowing them.
You only pay the gift tax if you exceed the lifetime exclusion, and that only happens if you exceed the annual exclusion. The irs has announced that the annual gift tax exclusion is increasing in 2025 due to inflation.
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