2025 Gift Tax Annual Exclusion. If one makes gifts in excess of the annual gift tax exclusion, one must file a gift tax return, due april 15 in the following year, to report the gift and track the amount of the lifetime. Watch this video for a breakdown of the irs gift tax rules & regulations for 2025 and 2025.
The first thing to understand is the annual gift tax. The exclusion will be $19,000 per recipient for.