Inheritance Tax 2025 Usa. The irs tax adjustments for tax year 2025 updates the exemptions and exclusions for estate and gift tax for non us persons (greencard holders and nra’s). While there is no federal inheritance tax, but there is a federal estate tax.
However, the tax plan that president trump signed in december of that year increased that exemption to $11.18 million for the tax year 2018. The person who receives the assets is.