• Home
  • |
  • Blog
  • |
  • IRS 2017 Estate Tax Exemption and IRS 2017 Gift Tax Exclusion

The Internal Revenue Service (IRS) has released Rev. Proc. 2016-55, which announced the IRS 2017 estate tax exemption, IRS 2017 gift tax exclusion, and various tax adjustments as follows:

  • The annual gift tax exclusion remains at $14,000
  • The unified gift and estate tax exemption is adjusted to $5,490,000
  • The annual exemption for gifts to a non-U.S. citizen spouse is $149,000

IRS 2017 Exemptions, Cortes Law Firm Oklahoma City Estate Planning Attorney, Trust, Will

Related Posts

Choosing a Successor Trustee

Choosing a Successor Trustee

Dont sign living will form

Dont sign living will form

Capital Gains tax increase

Capital Gains tax increase

DO NOT DO THIS Funding a Trust

DO NOT DO THIS Funding a Trust
Leave a Reply

Your email address will not be published. Required fields are marked

{"email":"Email address invalid","url":"Website address invalid","required":"Required field missing"}