How the Federal Estate Tax Exemption Changed from 1997 to …
https://www.thebalancemoney.com/exemption-from-federal-estate-taxes-3505630
Estates valued at or above the exemption amount are required to pay the tax. Even then, only the value over the exemption threshold is taxable. The 2022 exemption is $12.06 million, up from $11.7 million in 2021. The first $12.06 million of your estate is therefore exempt from taxation. Your estate wouldn't b…
Estates valued at or above the exemption amount are required to pay the tax. Even then, only the value over the exemption threshold is taxable. The 2022 exemption is $12.06 million, up from $11.7 million in 2021. The first $12.06 million of your estate is therefore exempt from taxation. Your estate wouldn't b…
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