6 Tax Changes To Know To Avoid A Surprise In 2019

#1 Estate Tax Changes

For high-net-worth individuals looking to make estate-planning decisions, a temporary change in the tax code doubled the inheritance tax exemption to $11.18 million for 2018, up from an expected amount of $5.6 million. Married couples can combine exemptions to have $22.36 million in exemptions. This increased exemption is scheduled to fall back to $5.6 million in 2026.

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