Estate Tax Exemption 2024 Expires. In 2023, you can make annual gifts to any one person up to a maximum of $17,000 per year ($18,000 in 2024, estimated to be $19,000 in 2025). Spouses can elect to “split” gifts, which doubles the annual.
How can i maximize the estate tax exemption before the tax cuts and jobs act provisions expire? The federal gift and estate tax exemption amounts, established by the 2017 tax cut and jobs act, are scheduled to expire on december 31, 2025.