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$13,000 in 2011 and 2012. See Annual exclusion, later, for more information. The basic exclusion amount for gifts made and estates of decedents who died in calendar year 2011 is $5,000,000, and $5,120,000 for gifts made and estates of decedents who die in 2012. Beginning in 2011, the Deceased Spousal Unused Exclusion (DSUE) amount may be added to the basic exclusion amount to determine the applicable exclusion amount. The DSUE is only available if an election is made on the Form 706 f.

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