Irs Gift Limit 2025. The tax cuts and jobs act delivered a sizable increase in the tax exemption limit for estates and lifetime gifts — up to $13.61 million per person in 2024. The gift tax annual exclusion has increased by $1,000 for four years in a row after having been stuck at.

The limit on charitable cash contributions is 60% of the taxpayer’s adjusted gross income (agi). The gift tax annual exclusion has increased by $1,000 for four years in a row after having been stuck at.