Monday, November 2, 2015

IRS Announces $5,450,000 estate tax exemption for 2016

The IRS has announced that the inflationary adjustment shall result in an estate tax exclusion of $5,450,000 for those passing away in 2016.

The amount has been $5,430,000 for 2015 so that amount has not increased as much as it had in the past few years.  (2014 $5,340,000)

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