How Much Is Inheritance Tax 2024 Irs
How Much Is Inheritance Tax 2024 Irs. Some states also have estate taxes, and they might have. An inheritance tax is paid by beneficiaries on inherited money or property.
The basic exclusion amount for determining the amount of the unified credit against estate tax under irc section 2010 will be $13,610,000 for decedents who die in 2024, a $690,000. What do the 2024 tax exemption amounts mean for estate planning?
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