What Is The Gift Tax Limit For 2025 Married Filing Jointly

What Is The Gift Tax Limit For 2025 Married Filing Jointly. For the 2025 tax year, the annual gift tax exclusion is increased by $1,000 to a total of $19,000. The exclusion covers gifts an individual makes to each donee per year.


What Is The Gift Tax Limit For 2025 Married Filing Jointly

For 2025, the maximum earned income tax credit (eitc) amount available is $8,046 for married taxpayers filing jointly who have three or more qualifying children—it was. For single taxpayers, the 2025 standard deduction is $15,000, up $400 from 2024;

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