Estate and Gift Taxes; Difference in the Basic Exclusion Amount
other · IRS · Rule · Published 2020-02-06 · Effective 2020-02-06 · 85 FR 6803
Document
Document number
2020-01392
Federal Register citation
85 FR 6803
CFR reference
26 CFR 25
Type
Rule
Action
Correcting amendment.
Category
other
Sub-agency
IRS
Publication date
2020-02-06
Effective date
2020-02-06
Treasury docket
TD 9884
Abstract
This document contains corrections to Treasury Decision 9884, which was published in the Federal Register for Tuesday, November 26, 2019. Treasury Decision 9884 contained 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 affect donors of gifts made after 2017 and the estates of decedents dying after 2017.