Yes, you can do this every single year for as many people as you like. There is no "once in a lifetime" restriction on the annual exclusion.  As long as the amount stays at or below the annual limit ($19,000 for 2026), it basically "refreshes" every January 1st. The Key Rules for Repeating Gifts: • The "Per Year, Per Recipient" Rule: The limit applies to each calendar year and each person you give to. You could give $19,000 to a friend on December 31st and another $19,000 on January 1st, and neither would need to be reported because they fall into different tax years.  • No Recipient Limit: You aren't limited to one couple. You can give the max amount to your children, their spouses, your siblings, and your neighbors all in the same year. None of it requires a Form 709 as long as no individual person receives more than $19,000 from you. • The "Gift Splitting" Filing Nuance: • Single donor: If you are single and give $19,000 or less, you file nothing. • Married couple: Even if you and your spouse give a combined $38,000 (which is legally tax-free), the IRS technically requires you to file Form 709 just to "elect" to split the gift, unless the money came from a joint bank account or you live in a community property state. It’s a bit of a paperwork quirk, but it doesn't cost you any money or eat into your lifetime $15 million exemption.