Estate and Gift Taxes; Difference in the Basic Exclusion Amount
other · IRS · Rule · Published 2019-11-26 · Effective 2019-11-26 · 84 FR 64995
Document
Document number
2019-25601
Federal Register citation
84 FR 64995
CFR reference
26 CFR 20
Type
Rule
Action
Final regulations.
Category
other
Sub-agency
IRS
Publication date
2019-11-26
Effective date
2019-11-26
Treasury docket
TD 9884
Abstract
This document contains final regulations addressing the effect of recent legislative changes to the basic exclusion amount allowable in computing Federal gift and estate taxes. The final regulations will affect donors of gifts made after 2017 and the estates of decedents dying after 2025.