2025 Gift Amount Tax Free. For example, if someone makes a taxable gift of $6 million in 2025, this will lower the remaining exemption to $7.99 million ($13.99 million minus $6 million) at the end of 2025. In 2025, you may be subject to an irmaa surcharge if your 2023 modified adjusted gross income exceeded $106,000 for an individual or was above $212,000 for a couple filing a.
In 2025, you may be subject to an irmaa surcharge if your 2023 modified adjusted gross income exceeded $106,000 for an individual or was above $212,000 for a couple filing a. Taxpayers typically only pay gift tax on the amounts that exceed the allotted lifetime exclusion, which is $13.61 million in 2024 and $13.99 million in 2025.