The Economic Times

Estate tax exemption for 2026 is $15 million: Heres what families need to know about the IRS rules and $19,000 gift limit

The 2026 estate tax exemption is $15 million, while the annual gift tax exclusion remains $19,000 per recipient. Heres what the IRS rules mean for families planning to transfer wealth, make large gifts or review their estate plans, and how the basic exclusion amount differs from the annual gift tax exclusion.