{"id":7345,"date":"2019-11-25T17:27:46","date_gmt":"2019-11-25T22:27:46","guid":{"rendered":"http:\/\/resources.evans-legal.com\/?p=7345"},"modified":"2019-12-26T23:18:03","modified_gmt":"2019-12-27T04:18:03","slug":"final-regulations-on-exclusion-amount-changes","status":"publish","type":"post","link":"https:\/\/resources.evans-legal.com\/?p=7345","title":{"rendered":"Final Regulations on Exclusion Amount Changes"},"content":{"rendered":"\n<p>The Internal Revenue Service has published final regulations on the changes to the federal estate and gift tax basic exclusion amount (BEA), which doubled from $5 million to $10 million in 2018, but will return to $5 million in 2026.  \u201cEstate and Gift Taxes; Differences in the Basic Exclusion Amount,\u201d TD 9884, <a href=\"https:\/\/www.govinfo.gov\/content\/pkg\/FR-2019-11-26\/pdf\/2019-25601.pdf\">84 F.R. 64995<\/a>\u00a0(11\/26\/2019), <a href=\"https:\/\/s3.amazonaws.com\/public-inspection.federalregister.gov\/2019-25601.pdf\">Doc. No. 2019-25601<\/a>.<\/p>\n\n\n\n<p>The final regulations appear to be effectively the same as the proposed regulations, and my comments on the proposed regulations can be found in &#8220;<a href=\"http:\/\/resources.evans-legal.com\/?p=6344\">Proposed Regulations on Exclusion Amount Changes<\/a>.&#8221;  (The Internal Revenue Service did not adopt my alternative approach, which is explained in my &#8220;<a href=\"http:\/\/resources.evans-legal.com\/?p=6660\">Comments on Proposed Regulations on Exclusion Amount Changes<\/a>,&#8221; and the reasons that my comments were rejected are explained in part 8 of the preamble to the final regulations.)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Internal Revenue Service has published final regulations on the changes to the federal estate and gift tax basic exclusion amount (BEA), which doubled from $5 million to $10 million in 2018, but will return to $5 million in 2026. &hellip; <a class=\"more-link\" href=\"https:\/\/resources.evans-legal.com\/?p=7345\">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":[29,36],"tags":[327,333],"class_list":["post-7345","post","type-post","status-publish","format-standard","hentry","category-news-items","category-regulations","tag-federal-estate-tax","tag-federal-gift-tax","pmpro-has-access"],"_links":{"self":[{"href":"https:\/\/resources.evans-legal.com\/index.php?rest_route=\/wp\/v2\/posts\/7345","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=7345"}],"version-history":[{"count":2,"href":"https:\/\/resources.evans-legal.com\/index.php?rest_route=\/wp\/v2\/posts\/7345\/revisions"}],"predecessor-version":[{"id":7395,"href":"https:\/\/resources.evans-legal.com\/index.php?rest_route=\/wp\/v2\/posts\/7345\/revisions\/7395"}],"wp:attachment":[{"href":"https:\/\/resources.evans-legal.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=7345"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/resources.evans-legal.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=7345"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/resources.evans-legal.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=7345"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}