Inheritance Tax 2024 Usa. The faqs on this page provide details on how tax reform affects estate and gift tax. As of 2024, the federal estate tax exemption rose to $13.61 million, allowing individuals to pass on a larger portion of their estate without incurring federal estate.
Receiving an inheritance often prompts questions about tax liabilities. For 2024, the federal estate tax threshold is $13.61 million for individuals, which means married couples don’t have to pay estate if their estate is worth $27.22 million or less.
