FINALLY!!! Annual Gift Tax Exclusion Amount Will Increase to $15,000 in 2018!!!


 

Bloomberg BNA published its projected yearly inflation adjustments earlier today.

After five long years of being at $14,000, it appears the §2503 gift tax exclusion amount will increase to $15,000!

Be on the lookout for an upcoming Estate, Gifts & Trust blog highlighting all the inflation adjustments that impact EG&T practitioners.

 

For everything necessary to research, plan, and implement strategies for maximizing your clients’ control while minimizing taxes, take a free trial to the Estates, Gifts and Trusts Portfolios Library .