Page 77 - Identity Protection PIN (IP PIN)

ESTATES AND GIFTS

- Per-donee annual gift ta

exclusion: $ 17,000

- Annual exclusion for transfers

to noncitizen spouse: $175,000

- Gift/estate tax exclusion:

$12,920,000; estate of first

spouse to die may pass unused

portion of exclusion to

surviving spouse

TRAINBYUS: TRANSFORMING DIGITAL LEARNING