Rev. Proc. 2021-45: 2022 Inflation Adjustments for Individuals – 2022 Estate Tax Exemption is $12,060,000 (Nov. 10, 2021)

The IRS released today Rev. Proc. 2021-45 with inflation adjustment amounts for individual taxpayers for 2022 tax returns.

Click here to download Rev. Proc. 2021-45.

Posted by Lewis J. Saret, Co-General Editor, Wealth Strategies Journal.