Estate Tax Brackets 2025. On november 2024, the irs announced the revised federal estate tax and gift tax limits for 2025. The federal estate tax exclusion for decedents dying will increase to $13,990,000 per person (up from $13,610,000 in 2024) or $27,980,000 per married couple in 2025.

Projected 2025 tax brackets (if tcja provisions expire) 2. In a significant update for estate planning and wealth management, the internal revenue service (irs) has announced an increase in the estate and gift tax exemption for 2025.