Ballpark — October 19, 2026

U.S. federal estate-tax basic exclusion for a person dying in 2025

14.0 million USD

Only the portion of an estate above the applicable exclusion is potentially subject to federal estate tax.

Federal tax revenue collected by the IRS in fiscal 2024

~5.1 $T

IRS collections supplied about 96% of federal government funding that year.

Tax-return audits closed by the IRS in fiscal 2024

505,514 audits

Those examinations produced $29 billion in recommended additional tax.

U.S. exports of goods and services in 2024

~3.19 $T

Exports increased by about $120 billion from 2023.

U.S. goods-and-services trade deficit in 2024

~918 $B

The deficit was 17% larger than in 2023 as imports grew faster than exports.