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.
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;