Ask an Advisor: How Much Can I Gift My Son and Daughter-in-Law Without Triggering IRS Taxes?

How much money can I give to my son and daughter-in-law without incurring a tax issue with the IRS? -Irwin For 2025, you can give your son and daughter-in-law each $19,000 without having to deal with the IRS. But even if you give more, you won’t have to pay any taxes right now. In fact, unless you surpass the lifetime limit, currently $13.99 million, you won’t have to pay any gift taxes. Here's how it works. An experienced financial advisor can help you navigate those rules, so you can continue to give gi ...