LogFAQs > #892447057

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TopicThose of you here who are against the estate tax...........?
josifrees
12/18/17 2:17:23 PM
#17:


Are you talking about the estate tax or the inheritance tax? They are two completely different things.

And yes the yearly max for gifts is 14k.

Also the federal inheritance tax doesnt kick in unless the whole shebang (inheritance and estate) is greater than 5.4 million so pretty much 95% of Americans it doesnt even apply to.
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