Estate Tax Threshold Definition

The dollar amount of an estate at which estate tax might be due. For example, if you die in a year where the federal estate tax exception is $3.5 million, then your estate may owe estate taxes if your estate is larger $3.5 million at that time.

Estate Tax Threshold

The dollar amount of an estate at which estate tax might be due. For example, if you die in a year where the federal estate tax exception is $12.06 million, then your estate may owe federal estate taxes if your estate is larger $12.06 million at that time.