[buffyt]

Increased Estate Tax Applicable Exclusion Amount

An estate tax return for a U.S. citizen or resident needs to be filed only if the gross estate exceeds the applicable exclusion amount, listed below.

Applicable Exclusion Amounts
Year	Exclusion Amount
2003	$1,000,000
2004 and 2005	$1,500,000
2006, 2007, and 2008	$2,000,000
2009	$3,500,000

 

[Seadog Bytes]

Great info! ...Thank you!!!

Any chance of getting you to expand that table...
...to include 2010 and 2011?

Thanks!

Related:
http://www.freerepublic.com/focus/f-news/1643637/posts?page=16#16

[Seadog Bytes]

So... given the below chart, the rate of inflation, and the endless, increasingly draconian restrictions on home building, and on private property use, by assorted Nanny-Neighbors, the Eco-Idiot crowd and their 'enablers' in government... is there any remaining poor demented soul left out there who REALLY still believes "only the upper 2% of estates" will end up paying the "Widows and Orphans' Tax" after 2010...???

...In your DREAMS!!!
...and remember, that 55% is on AFTER-TAX dollars!

This tax is just WRONG!   Repeal it! ...Call your Senator...TODAY!!!

Federal Estate Tax Exemption Chart

 

Calendar Year		Federal Estate & GST Tax Exemption		Highest Federal Estate & GST Tax Rates
2002 2003 2004 2005 2006 2007 2008 2009 2010 2011		$1,000,000 * $1,000,000 * $1,500,000 $1,500,000 $2,000,000 $2,000,000 $2,000,000 $3,500,000 Unlimited $1,000,000 *		50% 49% 48% 47% 46% 45% 45% 45% N/A 55%