2024 Cost Of Living Increase Estate Tax. Effective january 1, 2024, the federal gift and estate tax exclusion amount, along with the gst tax exemption, have risen to $13,610,000 per person, or $27,220,000 for a married couple. The federal estate tax exemption amount went up again for 2024.


2024 Cost Of Living Increase Estate Tax

Sep 01, 2024, 05:00 am. A higher exemption means more estates may be exempt from the federal tax this year, which can save heirs from a hefty tax.

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