Estate and Gift Tax Exemption Amounts (2019)


Estates:Decedents passing in 2019 may be subject to an estate tax, with an applicable exclusion amount of $11,400,000 and a marginal tax rate of 40%.
Gifts:For gifts made during 2019, the lifetime gift tax exemption is $11,400,000 and the marginal tax rate remains at 40%.
 The gift tax annual exclusion amount for 2019 remains at $15,000.
 For gifts made to noncitizen spouses, the annual exclusion amount is $155,000.
Income Tax Brackets for Estates and Trusts (2019)
The income tax rate schedule for estates and trusts is as follows:
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