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IRS announces bigger estate and gift tax exemption for 2027

Summary by CNBC
The IRS has announced bigger estate and gift tax exemptions for 2027. Here's what investors need to know.

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IRS announces bigger estate and gift tax exemption for 2027

The IRS has announced bigger estate and gift tax exemptions for 2027. Here's what investors need to know.

·Englewood Cliffs, United States
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The IRS set US$15.48 million per person the federal inheritance and donation exemption for 2027, compared to US$15 million this year. The adjustment adds to the legislative change that prevented the limit from returning to previous levels, although state exemptions may be lower.

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CNBC broke the news in Englewood Cliffs, United States on Thursday, November 5, 2026.
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