2025 Gift Amount Tax Free. › any form of gift which is valued less up to rs. Taxpayers typically only pay gift tax on the amounts that exceed the allotted lifetime exclusion, which is $13.61 million in 2024 and $13.99.
Visit the estate and gift taxes page for more comprehensive estate and gift tax information. The $19,000 amount is how much each person can give to any other person each year without the gift being treated as a taxable gift.