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federal income tax bracketsCNBC
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82% Informative
Starting in 2025 , the "basic exclusion amount" rises to $ 13,990,000 per person.
The exemptions apply to tax-free transfers during life and at death.
The exemption will sunset without action from Congress .
The Tax Cuts and Jobs Act doubled the exemption to $11.18 million in 2018 , according to the Tax Policy Center .
VR Score
87
Informative language
90
Neutral language
28
Article tone
formal
Language
English
Language complexity
34
Offensive language
not offensive
Hate speech
not hateful
Attention-grabbing headline
not detected
Known propaganda techniques
not detected
Time-value
short-lived
External references
2
Source diversity
2
Affiliate links
no affiliate links