2025 Gift Tax Exemption 2025. Here are the new exemption amounts for estate tax, gift tax, and generation skipping transfer tax exemptions amounts and the annual exclusion amount for 2025: If you're married and pass away in 2025, your spouse is entitled to a separate $13.99 million exemption and can inherit your unused lifetime exemption by filing an estate tax.

The federal estate and gift tax exemption will be $13.99 million per individual for 2025 gifts and deaths, up from $13.61 million in 2024. To increase its adoption, the.