in subsection (b)(1)(B)(i) shall each be increased by an amount equal to— (A) such dollar amount, multiplied by (B) the cost-of-living adjustment determined under section 1(f)(3) for the calendar year in which the taxable year begins, determined by substituting in subparagraph (A)(ii) thereof calendar year 2018 for calendar year 2016 . (2) Rounding (A) In general If the dollar amount in subsection (a), after being increased under paragraph (1), is not a multiple of $10,000, such dollar amount shall be rounded to the next lowest multiple of $10,000. (B) Qualified real property If the dollar amount in subsection (b)(1)(B)(i), after being increased under paragraph (1), is not a multiple of $100,000, such amount shall be rounded to the next lowest multiple of $100,000. . (b) Clerical amendment The table of sections for part III of subchapter B of chapter 1 of such Code is amended by inserting after section 139H the following new item: Sec. 139I. Exclusion gain from transfers of appreciated assets by gift or at death. . (c) Effective date The amendments made by this section shall apply to taxable years beginning after December 31, 2018. 214. Extension of time for payment of tax (a) Extension of time (1) In general Subpart B of chapter 62 of the Internal Revenue Code of 1986 is amended by adding at the end the following new section: 6168. Extension of time for payment of capital gains on certain assets realized by reason of death (a) 15-Year installment payment (1) In general In the case of any gain with respect to an eligible capital asset that is recognized under section 1261 by reason of the death of the taxpayer, the taxpayer may elect to pay part or all of tax imposed on such gain in 2 or more (but not exceeding 15) equal installments. (2) Date for payment of installments If an election is made under paragraph (1), the first installment shall be paid not later than the date on which the tax for the taxable year in which the gain described in paragraph (1) occurs is due, and each succeeding installment shall be