Gift and Estate Tax

This historical article reports the 2016 federal estate and gift tax limits, including the $5.45 million individual exemption, portability for married couples, and the $14,000 annual gift tax exclusion.

Revenue Ruling 2013-17 recognized legally married same-sex couples for federal tax purposes, including eligibility for the unlimited marital deduction and estate tax portability regardless of where they lived.

This historical article explains how the American Taxpayer Relief Act of 2012 established a 40 percent federal estate tax rate, a roughly $5.25 million 2013 exemption, portability between spouses, and no automatic sunset provision.

This historical article examines the 2010 federal estate tax law, its $5 million exemption and portability provision, and possible changes after the law’s scheduled expiration.

This historical article discusses how portability, bypass trusts, lifetime gifts, estate tax returns, and remarriage can affect estate planning for married couples.

This historical article explains how the 2010 Tax Relief Act temporarily changed federal estate, gift, and generation-skipping transfer tax rules.

This 2010 article reports that the House approved an agreement temporarily extending Bush-era tax cuts and setting a $5 million estate tax exemption with a 35 percent rate.