Posts tagged death tax.
The Consumer Price Index was released by the Labor Department in August 2017. Not everyone anxiously awaits the release of these numbers but the experts have now made estimates of how they will impact estate, gift, and generation-skipping transfer taxes for 2018. These are not official numbers - the Internal Revenue Service will publish the official numbers later this year.
Transfer Tax Free Money - The cumulative amount you can pass tax-free (by gift or at death) is projected to increase to $5,600,000.00 per U.S. citizen (from $5,490,000.00 in 2017). In 2018 and beyond, a couple (U.S ...
Posted in: Estate and Gift Tax, Federal Tax
Tags: citizens, death tax, Deceased Spousal Unused Exclusion, gift tax, GST, IRS, Labor Department, marital matters, Transfer Tax Free Money