For an estate of any decedent during calendar year 2015, the basic exclusion amount is $5,430,000, indexed for inflation (up from $5,340,000 in 2014). The maximum tax rate remains at 40 percent. The annual exclusion for gifts remains at $14,000.
For an estate of any decedent during calendar year 2015, the basic exclusion amount is $5,430,000, indexed for inflation (up from $5,340,000 in 2014). The maximum tax rate remains at 40 percent. The annual exclusion for gifts remains at $14,000.