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To: Yogafist

Hi. Re the death tax, the $22mm exemption is obviously for 2 person households. Is the exemption for a single person now $11mm?

Thanks if you or anyone can enlighten.


25 posted on 12/16/2017 7:59:31 AM PST by SaxxonWoods (CNN IS ISIS.)
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To: SaxxonWoods

Yes


28 posted on 12/16/2017 8:10:01 AM PST by Principled (OMG I'm so tired of all this winning...)
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To: SaxxonWoods

What I’d like to know is will it be retroactive to tax year 2017?

That would be great. All of us will feel the extra bux in just a month or two. In 13-14 months we’ll need to be reminded that it was Trumps tax plan that us allowing us to keep more...


30 posted on 12/16/2017 8:13:01 AM PST by Principled (OMG I'm so tired of all this winning...)
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To: SaxxonWoods

Yes. The current lifetime exemption per person is $5,490,000, so they basically rounded up by 10K and then doubled it.


52 posted on 12/16/2017 9:40:34 AM PST by Ancesthntr ("The right to buy weapons is the right to be free." A. E. van Vogt)
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