Contact Us
TaxConnections Members... Answer This Question
Want To be One of Our Tax Experts? Register Here
Tax Professional Answers
William Keats
The gift tax exemption for 2013 is $14,000. Tax rates over this amount are based on a sliding scale. The unified credit can eliminate tax.
The estate tax exemption for 2013 is $5,225,000. The rates above this amount went from 35% to 40%.
Leave a Comment
553 weeks ago
The estate tax exemption for 2013 is $5,225,000. The rates above this amount went from 35% to 40%.