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2. Estate Tax Rates, Limits, Exemptions and Other Rules ... - AOL

   www.aol.com/estate-tax-rates-limits-exemptions...

   Each state sets its own exemption amount and tax rates and determines which assets can escape the state estate tax. Oregon’s exemption is only $1 million, for example, whereas New York’s ...

3. Estate tax in the United States - Wikipedia

   en.wikipedia.org/.../Estate_tax_in_the_United_States

   Delaware and Hawaii allowed their taxes to expire after Congress repealed the credit for state estate taxes, but reenacted the taxes in 2010. Exemption amounts under the state estate taxes vary, ranging from the federal estate tax exemption amount or $5.34 million, indexed for inflation (two states) to $675,000 (New Jersey).

4. New Tax Worry for the Rich: 4 Possible ‘Estate Tax’ Changes ...

   www.aol.com/tax-worry-rich-4-possible-180050221.html

   The TCJA introduced a federal lifetime estate and gift tax exemption of up to $13.61 million for single taxpayers in 2024 ($27.22 million for joint filers). This was more than double the previous ...

5. 5 Things You Need To Know for the 2025 Tax Season - AOL

   www.aol.com/5-things-know-2025-tax-140100194.html

   Also, Brookings reported that many key provisions of the 2017 Tax Cuts and Jobs Act will sunset at the end of 2025 without Congressional action. Although 2024 is in the books, now is the time to ...

6. Tax Cuts and Jobs Act - Wikipedia

   en.wikipedia.org/wiki/Tax_Cuts_and_Jobs_Act

   For deaths occurring between 2018 and 2025, estates that exceed $11.2 million are subject to a 40% estate tax at time of death, increased from $5.6 million previously. For a married couple aggregating their exemptions, an estate exceeding $22.4 million is subject to a 40% estate tax at time of death. [38]

7. IRS Increases Gift and Estate Tax Exempt Limits - AOL

   www.aol.com/finance/irs-increases-gift-estate...

   Barring an extension or new legislation, the lifetime estate and gift tax exemption is due to revert to the pre-2017 Tax Cuts and Jobs Act level of $5.49 million at midnight on Dec. 31, 2025.

8. State and local tax deduction - Wikipedia

   en.wikipedia.org/wiki/State_and_local_tax_deduction

   The state and local tax deduction (SALT deduction) is a United States federal itemized deduction that allows taxpayers to deduct certain taxes paid to state and local governments from their adjusted gross income. The SALT deduction is intended to avoid double taxation by allowing taxpayers to deduct state and local taxes from their federal ...

9. IRS sets higher standard deduction, new tax brackets for 2025

   www.aol.com/irs-sets-higher-standard-deduction...

   IRS sets higher standard deduction, new tax brackets for 2025. Susan Tompor, Detroit Free Press. Updated October 23, 2024 at 2:21 PM. ... Personal exemptions remain at zero for tax year 2025. The ...