What are the Key Numbers of State Planning

Here are some key numbers associated with estate planning, as well as the federal gift tax and estate tax rate schedules for 2022 and 2023.

1. The basic exclusion amount.
2. Deceased spousal unused exclusion amount (for 2011 and later years)
3. The GST tax exemption is not portable.

2022 and 2023 Gift Tax and Estate Tax Rate Schedule