Irs Gift Tax Limits 2024. In its announcement friday, the agency said the 2025 ira contribution limit will be $7,000, unchanged from 2024. 1 for 2024, the limit has been adjusted for inflation and will rise to $18,000.

The annual gift tax exclusion will be $19,000 per recipient in 2025, an increase from the $18,000 annual gift tax exclusion for gifts made in 2024. For a married couple filing jointly in 2025, the annual gift tax exclusion will be double that: