SIE Exam Practice Question 164
Question: 164
Beginning in TY 2020, what is the basic exclusion limit on tax-free transfers during life or at death (the unification of gift and estate taxes)?
Correct Answer: D
Explanation:
Beginning in TY 2020, the basic exclusion limit on tax-free transfers during life or at death (the unification of gift and estate taxes) is $11,580,000.
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