Amount Subject to Tax
Amount of tax
Rate on Excess
less 18% of amount transferred -
$10,000 $1,800 20
$20,000 $3,800 22
$40,000 $8,200 24
$60,000 $13,000 26
$80,000 $18,200 28
$100,000 $23,800 30
$150,000 $38,800 32
$250,000 $70,800 34
$500,000 $155,800 37
$750,000 $248,300 39
$1,000,000 $345,800 40

Subject to exemption of $152,000 to non-citizen spouse.

The new tax law increased the exemption from estate taxes for persons dying after 2000. The increases are phased in over a ten year period. The new exemptions amounts are:

2009                               $3,500,000

2010                               No Tax

2011 - 2012                    $5,000,000

2013 (Permanent)*          $5,000,000

2014                               $5,340,000

2015                               $5,430,000

2016                               $5,450,000

2017                               $5,490,000

2018                               $11,200,000

 

* Exemption amount will be adjusted for inflation. 

Generation-skipping taxes may also apply.