{"id":5752,"date":"2018-04-13T14:42:59","date_gmt":"2018-04-13T18:42:59","guid":{"rendered":"http:\/\/resources.evans-legal.com\/?p=5752"},"modified":"2018-04-13T14:48:14","modified_gmt":"2018-04-13T18:48:14","slug":"new-revised-inflation-adjustment-for-2018","status":"publish","type":"post","link":"https:\/\/resources.evans-legal.com\/?p=5752","title":{"rendered":"New Revised Inflation Adjustment for 2018"},"content":{"rendered":"<p>The Internal Revenue Service has released\u00a0<a href=\"https:\/\/www.irs.gov\/pub\/irs-drop\/rp-18-22.pdf\">Rev. Proc. 2018-22<\/a>, 2018-18 I.R.B. __ (4\/30\/2018), which modifies and supersedes two sections of\u00a0<a href=\"https:\/\/www.irs.gov\/irb\/2018-10_IRB#RP-2018-18\">Rev. Proc. 2018-18<\/a>,\u00a0<a href=\"https:\/\/www.irs.gov\/pub\/irs-irbs\/irb18-10.pdf\">2018-10 I.R.B.<\/a> 392 (3\/5\/2018), which contained <a href=\"http:\/\/resources.evans-legal.com\/?p=5510\">revised inflation adjustments for 2018<\/a>.<\/p>\n<p>The change that affect fiduciary income tax is the correction of the 2018 alternative minimum tax threshold amount for estates and trusts, which had been stated to be $500,000 in Rev. Proc. 2018-18 but should have been $81,900.<\/p>\n<p>The <a href=\"http:\/\/resources.evans-legal.com\/?p=5316\">previously published summary of P.L. 115-97<\/a> has been revised to reflect the publication of Rev. Proc. 2018-18.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Internal Revenue Service has released\u00a0Rev. Proc. 2018-22, 2018-18 I.R.B. __ (4\/30\/2018), which modifies and supersedes two sections of\u00a0Rev. Proc. 2018-18,\u00a02018-10 I.R.B. 392 (3\/5\/2018), which contained revised inflation adjustments for 2018. The change that affect fiduciary income tax is the &hellip; <a class=\"more-link\" href=\"https:\/\/resources.evans-legal.com\/?p=5752\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":6,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"pmpro_default_level":"","footnotes":""},"categories":[29],"tags":[597],"class_list":["post-5752","post","type-post","status-publish","format-standard","hentry","category-news-items","tag-fiduciary-income-tax","pmpro-has-access"],"_links":{"self":[{"href":"https:\/\/resources.evans-legal.com\/index.php?rest_route=\/wp\/v2\/posts\/5752","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/resources.evans-legal.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/resources.evans-legal.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/resources.evans-legal.com\/index.php?rest_route=\/wp\/v2\/users\/6"}],"replies":[{"embeddable":true,"href":"https:\/\/resources.evans-legal.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=5752"}],"version-history":[{"count":1,"href":"https:\/\/resources.evans-legal.com\/index.php?rest_route=\/wp\/v2\/posts\/5752\/revisions"}],"predecessor-version":[{"id":5754,"href":"https:\/\/resources.evans-legal.com\/index.php?rest_route=\/wp\/v2\/posts\/5752\/revisions\/5754"}],"wp:attachment":[{"href":"https:\/\/resources.evans-legal.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=5752"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/resources.evans-legal.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=5752"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/resources.evans-legal.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=5752"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}