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Inheritance Tax Calculator

Inheritance tax is a tax on the assets received from a deceased person, separate from federal estate tax. Only a few states impose inheritance tax, and rates often depend on the relationship between the deceased and beneficiary. Use this calculator to estimate both federal estate tax and state inheritance tax on your inheritance.

Inheritance Tax Calculator

Inheritance Tax Calculator

Calculate federal estate tax and state inheritance tax on your estate. Understand how exemptions, relationships, and state laws affect what your heirs will receive.

Estate Details

Relationship to Deceased

State Inheritance Tax

Tax Breakdown

Exemption$13,610,000
Taxable Estate$890,000
Federal Estate Tax (40%)$356,000
Total Inheritance Tax$356,000

Your Results

Net Inheritance
$14,144,000
to heirs
Effective Tax Rate
2.37%
Taxable Estate
$890,000

Tax Tips

  • Spouses are typically exempt from both federal and state inheritance taxes.
  • Only 6 states and DC have inheritance taxes (separate from estate tax).
  • Relationship to the deceased affects state inheritance tax rates.
  • Consult an estate planning attorney for comprehensive strategies.

Disclaimer: This inheritance tax calculator is for educational purposes only and does not constitute tax or legal advice. Calculations are based on 2024 federal estate tax rules and simplified state inheritance tax assumptions. Actual tax liability may vary based on estate structure, state-specific rules, relationship classifications, and changes in tax laws. Always consult with a qualified estate planning attorney or tax professional for accurate inheritance tax planning.

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