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2018 Connecticut Tax Changes to the Estate and Gift Tax LawTax News
The 2018 Connecticut Tax Changes to the Connecticut Estate and Gift Tax include a gradual increase in the Connecticut estate and gift tax exemption. The increses are to be phased in as follows:
$2,600,000.00 in 2018
$3,600,000.00 in 2019
$5,100,000.00 in 2020
$7,100,000.00 in 2021
$9,100,000.00 in 2022
Equal to federal exemption in 2023 and beyond.