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re: Living inheritance / estate transfer tax in Louisiana - Question

Posted on 4/4/23 at 2:57 pm to
Posted by VermilionTiger
Member since Dec 2012
37613 posts
Posted on 4/4/23 at 2:57 pm to
So it’s taxable

Does that fall into the $16,000.00 max category?
Posted by JonTigerFan11
Member since May 2016
868 posts
Posted on 4/4/23 at 3:02 pm to
17k for 2023 so 34k per married couple. It depends on the value of the gift. It’s also not taxable if the parents have any of their 12.92 (roughly 25 million together) federal exemption left.
Posted by slackster
Houston
Member since Mar 2009
85137 posts
Posted on 4/4/23 at 5:25 pm to
quote:

So it’s taxable


Can you add some more details about what you’re trying to do?

Are you buying the estate interest of a child?
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