2021 TAX LAW UPDATES

The exemption is doubled to $10 million as of 2018 plus indexed increases. The 2019 exemption is $11.4 million for individuals and $22.8 million for married couples. 2020 – $11.58 million for individuals and $23.16 million for married couples and in 2021 it raised to $11.7 million for individuals and $23.4 million for married couples.