2025 Gift Tax Limit For Children. For 2024, the annual gift tax limit is $18,000, while the lifetime limit is $13.61 million. This means that you can give up to $18,000 to each of your.


2025 Gift Tax Limit For Children

This amount is the maximum you can give a single person without having to report it to the irs. In 2024, the exclusion amount is $18,000 per person.

2025 Gift Tax Limit For Children Images References :