Assertion: estate | /r/HasSubevent | federal estate tax
Facets:
value: as of 2020
type: TEMPORAL
Source sentences:
text: Key Takeaways As of 2020, only estates valued at $11.58 million or more are subject to federal estate tax.
text: The personal representative, executor, or trustee of an estate is permitted to choose whether to use date of death values or the alternate valuation date values if the estate is substantial enough to be subject to federal estate taxes.