In 2025, each person can make a tax free gift of $19,000.00 in value per donee. Accordingly, a husband and wife could gift $38,000 to each of their children as a tax free gift in 2025. As a reminder, if you make a gift by check, the check needs to be deposited and cleared prior to the end of the year.
How Much Can I Give Away Tax Free in 2025?
