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When TCJA expires in 2026 the Estate Tax Credut Exemption will drop to its pre-TCJA amount which is $5,000,000 adjusted for inflation since 2011. To calculate you can use the 2017 value in the web app ($5,490,000) and then uprate using Chained CPI for 2026-2034. Values are rounded to the nearest ten thousand.
When TCJA expires in 2026 the Estate Tax Credut Exemption will drop to its pre-TCJA amount which is $5,000,000 adjusted for inflation since 2011. To calculate you can use the 2017 value in the web app ($5,490,000) and then uprate using Chained CPI for 2026-2034. Values are rounded to the nearest ten thousand.
Referencehttps://www.congress.gov/115/statute/STATUTE-131/STATUTE-131-Pg2054.pdf
policyengine-us/policyengine_us/parameters/gov/irs/credits/estate/base.yaml
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