What Is The Gift Tax Limit For 2025 In Nj. How much can you gift without paying taxes in 2025? This amount is the maximum you can give a single person without having to report it to the irs.
For a married couple filing jointly in 2025, the annual gift tax exclusion will be double that: You can gift $15,000 per person per year free of gift tax, said yale hauptman, an estate planning attorney with hauptman and hauptman in livingston.
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