Yes. You just have to put it on a different form, called Unified

来源: 2014-09-13 19:35:19 [旧帖] [给我悄悄话] 本文已被阅读:

But when you die, you can only pass 2.2 mil tax free to your son, instead of 5.2 mil for everyone, since you used up 3 mil during your life time.  

Unified Credit = gift during lifetime + gift after death (inheritance)  < 5.2 mil.