Irs Employee Gift Limit 2025. But exceeding the limit doesn't necessarily result in owing tax,. Elevated gift tax exclusions will sunset after 2025.
In 2025, the irs has forecasted an increase in the 401(k) elective deferral limit to $24,000, up by $1,000 from the current limit. If you exceed the annual gift tax limit, you may have to file a federal gift tax return (irs form 709).