Inheritance Tax Exemption 2025. The tcja provisions related to the estate tax exemption is set to sunset on december 31, 2025 — causing the exemption limits to revert to approximately $7 million. Learn how to prepare now.

Looking forward to 2025, the irs recently announced that the annual gift tax exclusion will increase to $19,000 per individual, while the lifetime estate and gift tax exemption will rise. For 2022, the federal estate and gift tax exemption stands at just over $12 million per individual and $24.1 million for married couples.