Rhode Island Tax Div. Releases Advisory on Estate Tax Credit Amount, Threshold

The Rhode Island Division of Taxation Dec. 5 released an Advisory detailing the Rhode Island estate tax credit amount and threshold for the estates of decedents dying on or after Jan. 1, 2025. The document also provides guidance on the removal of the estate tax filing fee for decedents with dates of death on or after Jan. 1, 2025, and other relevant information for tax professionals. [R.I. Div. of Tax’n, Rhode Island Advisory 2024-30, 12/05/24]

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