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2020 Estate Tax Exclusion

The 2020 federal estate and gift tax exclusion is $11,580,000, up from $11,400,000 in 2019. 

 

The 2020 New York estate tax exclusion is $5,850,000, up from $5,740,000 in 2019.  (There is no gift tax in New York State.) 

The information provided herein is provided with the understanding that the author and publisher are not engaged in rendering legal, accounting or other professional service. As such, M + O = CPE, Inc. and the author disclaim any responsibility or liability for the information supplied herein or the application of said information.