In 2025, you can gift up to $19,000 per recipient annually without triggering gift tax or the need to file a gift tax return. This is known as the annual gift tax exclusion. If you are married, your spouse can also gift $19,000, effectively allowing you to give $38,000 per recipient tax-free each year. You can gift this amount to as many people as you want without tax consequences. Gifts above these limits must be reported and will count against your lifetime gift tax exemption, which is $13.99 million in 2025. Certain gifts like those to spouses, charities, educational institutions (for tuition), and healthcare providers (for medical care) are exempt from gift tax. The person giving the gift is typically responsible for any taxes owed, not the recipient.

Therefore, for tax-free gifting in 2025:

• Individuals: $19,000 per recipient per year.
• Married couples: $38,000 per recipient per year.
• No limit on the number of recipients.
• Larger gifts require IRS Form 709 reporting but may not incur tax unless lifetime exemption is exceeded.

It's advisable to consult a tax professional if gifting large amounts or if there are complex circumstances.