Private Client Services Resources.
Federal Estate & Gift Tax Tables
I. Applicable Exclusion Amount |
|
|
Year of Death |
Exclusion Amount |
|
2011 |
$5,000,000 |
|
2012 |
$5,120,000 |
II. Federal Estate and Gift Tax Table: 2011 |
|||
|
Taxable Transfer |
Tax On Column 1 + |
Tax Rates On Excess |
|
|
From |
To |
||
|
$0 |
$10,000 |
$0 |
18% |
|
10,001 |
20,000 |
1,800 |
20% |
|
20,001 |
40,000 |
3,800 |
22% |
|
40,001 |
60,000 |
8,200 |
24% |
|
60,001 |
80,000 |
13,000 |
26% |
|
80,001 |
100,000 |
18,200 |
28% |
|
100,001 |
150,000 |
23,800 |
30% |
|
150,001 |
250,000 |
38,800 |
32% |
|
250,001 |
500,000 |
70,800 |
34% |
|
500,001 |
|
155,800 |
35% |
III. Federal Estate and Gift Tax Table: 2012 |
|||
|
Taxable Transfer |
Tax On Column 1 + |
Tax Rates On Excess |
|
|
From |
To |
||
|
$0 |
$10,000 |
$0 |
18% |
|
10,001 |
20,000 |
1,800 |
20% |
|
20,001 |
40,000 |
3,800 |
22% |
|
40,001 |
60,000 |
8,200 |
24% |
|
60,001 |
80,000 |
13,000 |
26% |
|
80,001 |
100,000 |
18,200 |
28% |
|
100,001 |
150,000 |
23,800 |
30% |
|
150,001 |
250,000 |
38,800 |
32% |
|
250,001 |
500,000 |
70,800 |
34% |
|
500,001 |
|
155,800 |
35% |
The information presented here is not intended to be a comprehensive analysis. Chernoff Diamond is a benefits advisory firm and does not provide tax or legal advice. Individuals or Employers should consult with qualified legal and/or tax counsel for guidance in respect of matters of law, tax, and related regulation.