# 26 C.F.R. § 25.2503-1 (2026): General definitions of “taxable gifts” and of “total amount of gifts.”

> Federal · Regulations · In force

URL: https://www.frixlaw.com/law-library/statutes/CFR_T26_P25_S25_2503_1

## Section

- **Citation:** 26 C.F.R. § 25.2503-1 (2026)
- **Heading:** General definitions of “taxable gifts” and of “total amount of gifts.”
- **Jurisdiction:** Federal
- **Kind:** Regulations
- **Status:** In force
- **Text as of:** August 14, 2026
- **Source:** Compiled text
- **Location:** Title 26 CFR: Internal Revenue / Chapter I: INTERNAL REVENUE SERVICE, DEPARTMENT OF THE TREASURY / Part 25: GIFT TAX › GIFTS MADE AFTER DECEMBER 31, 1954 / § 25.2503-1: § 25.2503-1   General definitions of “taxable gifts” and of “total amount of gifts.”

## Text

The term
taxable gifts
means the “total amount of gifts” made by the donor during the “calendar period” (as defined in § 25.2502-1(c)(1)) less the deductions provided for in sections 2521 (as in effect before its repeal by the Tax Reform Act of 1976), 2522, and 2523 (specific exemption, charitable, etc., gifts and the marital deduction, respectively). The term “total amount of gifts” means the sum of the values of the gifts made during the calendar period less the amounts excludable under section 2503(b). See § 25.2503-2. The entire value of any gift of a future interest in property must be included in the total amount of gifts for the calendar period in which the gift is made. See § 25.2503-3.
[T.D. 7910, 48 FR 40373, Sept. 7, 1983]

## Nearby sections

- [26 C.F.R. § 25.0-1 (2026) § 25.0-1   Introduction.](https://www.frixlaw.com/law-library/statutes/CFR_T26_P25_S25_0_1.md)
- [26 C.F.R. § 25.2207A-1 (2026) § 25.2207A-1   Right of recovery of gift taxes in the case of certain marital deduction property.](https://www.frixlaw.com/law-library/statutes/CFR_T26_P25_S25_2207A_1.md)
- [26 C.F.R. § 25.2207A-2 (2026) § 25.2207A-2   Effective date.](https://www.frixlaw.com/law-library/statutes/CFR_T26_P25_S25_2207A_2.md)
- [26 C.F.R. § 25.2501-1 (2026) § 25.2501-1   Imposition of tax.](https://www.frixlaw.com/law-library/statutes/CFR_T26_P25_S25_2501_1.md)
- [26 C.F.R. § 25.2502-1 (2026) § 25.2502-1   Rate of tax.](https://www.frixlaw.com/law-library/statutes/CFR_T26_P25_S25_2502_1.md)
- [26 C.F.R. § 25.2502-2 (2026) § 25.2502-2   Donor primarily liable for tax.](https://www.frixlaw.com/law-library/statutes/CFR_T26_P25_S25_2502_2.md)
- [26 C.F.R. § 25.2503-1 (2026) § 25.2503-1   General definitions of “taxable gifts” and of “total amount of gifts.”](https://www.frixlaw.com/law-library/statutes/CFR_T26_P25_S25_2503_1.md)
- [26 C.F.R. § 25.2503-2 (2026) § 25.2503-2   Exclusions from gifts.](https://www.frixlaw.com/law-library/statutes/CFR_T26_P25_S25_2503_2.md)
- [26 C.F.R. § 25.2503-3 (2026) § 25.2503-3   Future interests in property.](https://www.frixlaw.com/law-library/statutes/CFR_T26_P25_S25_2503_3.md)
- [26 C.F.R. § 25.2503-4 (2026) § 25.2503-4   Transfer for the benefit of a minor.](https://www.frixlaw.com/law-library/statutes/CFR_T26_P25_S25_2503_4.md)
- [26 C.F.R. § 25.2503-6 (2026) § 25.2503-6   Exclusion for certain qualified transfer for tuition or medical expenses.](https://www.frixlaw.com/law-library/statutes/CFR_T26_P25_S25_2503_6.md)
- [26 C.F.R. § 25.2504-1 (2026) § 25.2504-1   Taxable gifts for preceding calendar periods.](https://www.frixlaw.com/law-library/statutes/CFR_T26_P25_S25_2504_1.md)
- [26 C.F.R. § 25.2504-2 (2026) § 25.2504-2   Determination of gifts for preceding calendar periods.](https://www.frixlaw.com/law-library/statutes/CFR_T26_P25_S25_2504_2.md)
- [26 C.F.R. § 25.2505-0 (2026) § 25.2505-0   Table of contents.](https://www.frixlaw.com/law-library/statutes/CFR_T26_P25_S25_2505_0.md)

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Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/CFR_T26_P25_S25_2503_1. Check the current official text before relying on it. Not legal advice.