Annual Gift Tax Limit 2026. The tax cuts and jobs act (tcja) of 2017 doubled the federal estate and gift tax exemption from $5 million to $10 million per individual, adjusted annually for inflation. Don't use the 60/40 glidepath.

Making outright gifts now will reduce the taxable estate and can be leveraged with the purchase of life insurance held outside the. $19,000 and $38,000 in 2025) to an unlimited number of beneficiaries without it counting toward their.