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  • 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

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

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