Ma Estate Tax Exemption 2025

Ma Estate Tax Exemption 2025. Including how to calculate the maximum federal credit. The new law increases the massachusetts estate tax exemption amount from $1 million to $2 million, meaning that those who die with an estate valued at less than $2 million.

Estate tax exemptions drop significantly in two years, nearly halving for individuals and married couples. Gifts made under the current exemption won’t become taxable after the exemption decreases.