Gift Tax Calculator
Calculate potential gift tax for 2025. The annual exclusion is $18,000 per recipient ($36,000 for married couples splitting gifts). Lifetime exemption is $13.61 million.
Frequently Asked Questions
What is the annual gift tax exclusion for 2025?
The 2025 annual gift tax exclusion is $18,000 per recipient. You can give up to $18,000 to as many people as you want without any gift tax implications. Married couples who elect gift-splitting can give $36,000 per recipient.
What is the lifetime gift tax exemption?
The 2025 lifetime gift tax exemption is $13.61 million. This is shared with your estate tax exemption (unified credit). Any gifts above the annual exclusion reduce your lifetime exemption. You only owe gift tax after exhausting both exclusions.
Are there gifts that are completely tax-free?
Yes. Direct payments to educational institutions for tuition and direct payments to medical providers are unlimited and tax-free. Gifts to a spouse (if US citizen) are also unlimited. Gifts to political organizations and qualifying charities are excluded.