For 2020, the exemption equivalent for the estate tax is $11.58 million.
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Q8: The exemption equivalent was repealed in 2010.
Q9: When a gift-splitting election is made, gifts
Q10: An exemption equivalent is the amount of
Q11: The marital and charitable deductions are common
Q12: The gift tax is imposed on inter
Q14: A gratuitous transfer of cash made directly
Q15: The annual exclusion eliminates relatively small transfers
Q16: The applicable credit is designed to allow
Q17: Only complete gifts are subject to the
Q18: The federal transfer taxes are calculated using
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