Calculate federal and state estate taxes. Understand exemptions, marital deductions, and portability for estate planning.
Total Estate Tax
$2,490,000
12.6% effective rate
Net to Heirs
$17,345,000
86.7% of gross estate
Total value of all assets
Include all assets: real estate, investments, retirement accounts, life insurance, business interests, etc.
Marital status and state residence
Debts, expenses, and charitable gifts
| Taxable Amount | Marginal Rate |
|---|---|
| $0 - $10,000 | 18% |
| $10,001 - $20,000 | 20% |
| $20,001 - $40,000 | 22% |
| $40,001 - $60,000 | 24% |
| $60,001 - $80,000 | 26% |
| $80,001 - $100,000 | 28% |
| $100,001 - $150,000 | 30% |
| $150,001 - $250,000 | 32% |
| $250,001 - $500,000 | 34% |
| $500,001 - $750,000 | 37% |
| $750,001 - $1,000,000 | 39% |
| Over $1,000,000 | 40% |
Note: The unified credit effectively exempts the first $13.61 million from federal estate tax.
* Consult with a qualified estate planning attorney and tax advisor for personalized advice.
Total Estate Tax
$2,490,000
12.6% effective rate
Net to Heirs
$17,345,000
86.7% of gross estate
Federal estate tax applies to estates exceeding $13.61 million (2024) at rates up to 40%. Most estates pay no federal tax due to high exemption. State taxes vary. Use our calculator to estimate potential liability.
See how estate value affects federal and state tax liability
2 insights based on your inputs
Your estate exceeds the federal exemption by $6,225,000, resulting in $2,490,000 in federal estate tax (12.6% effective rate).
Your heirs will receive $17,345,000 (86.7% of your gross estate) after taxes and deductions.
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For 2024, the federal estate tax exemption is $13.61 million per person ($27.22 million for married couples using portability). Estates below this amount pay no federal estate tax. The exemption is scheduled to drop to approximately $7 million in 2026 when current law sunsets.
Portability allows a surviving spouse to use their deceased spouse's unused estate tax exemption. If one spouse dies using only $5 million of their exemption, the surviving spouse can port the remaining $8.61 million, effectively doubling their exemption. Requires filing Form 706 at first death.
As of 2024, 12 states and DC have estate taxes: Connecticut, Hawaii, Illinois, Maine, Maryland, Massachusetts, Minnesota, New York, Oregon, Rhode Island, Vermont, Washington, and DC. Exemptions range from $1 million (Oregon) to $13.61 million (Connecticut). Maryland also has an inheritance tax.
Assets passing to a U.S. citizen spouse qualify for an unlimited marital deduction, meaning no estate tax is due on those assets. This defers tax until the surviving spouse's death. Non-citizen spouses may use a Qualified Domestic Trust (QDOT) to obtain the deduction.
Strategies include: annual gifts ($18,000/person tax-free), charitable giving, irrevocable life insurance trusts (ILITs), grantor retained annuity trusts (GRATs), family limited partnerships, qualified personal residence trusts (QPRTs), and spousal lifetime access trusts (SLATs).
Total Estate Tax
$2,490,000
12.6% effective rate
Net to Heirs
$17,345,000
86.7% of gross estate