diff --git a/changelog_entry.yaml b/changelog_entry.yaml index e69de29bb2d..c2e67d791a1 100644 --- a/changelog_entry.yaml +++ b/changelog_entry.yaml @@ -0,0 +1,4 @@ +- bump: minor + changes: + added: + - 2026 Estate Tax Credit Exemption amount. diff --git a/policyengine_us/parameters/gov/irs/credits/estate/base.yaml b/policyengine_us/parameters/gov/irs/credits/estate/base.yaml index 43b39720669..adba2dae370 100644 --- a/policyengine_us/parameters/gov/irs/credits/estate/base.yaml +++ b/policyengine_us/parameters/gov/irs/credits/estate/base.yaml @@ -54,4 +54,6 @@ values: 2022-01-01: 12_060_000 2023-01-01: 12_920_000 2024-01-01: 13_610_000 - 2025-01-01: 13_990_000 + 2025-01-01: 13_990_000 + # use 2017 value as base and cpi_w (2026Q1 projection) for uprating + 2026-01-01: 7_460_000 # amount = 5490000 * 321.701 (2026Q1) / 236.854 (2017-01-01)