Private Client Services Resources.
Federal Estate & Gift Tax Tables
I. Unified Credit |
|
|
Year of Death |
Exclusion Amount |
|
2009 |
$3,500,000 |
|
2010 |
Repealed - No Estate Tax |
|
2011 |
$1,000,000 |
II. Federal Estate and Gift Tax 2007 - 2009 |
|||
|
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 |
750,000 |
155,800 |
37% |
|
750,001 |
1,000,000 |
248,300 |
39% |
|
1,000,001 |
1,250,000 |
345,800 |
41% |
|
1,250,001 |
1,500,000 |
448,300 |
43% |
|
1,500,001 |
555,800 |
45% |
|
Note that gifts and estates are not taxed in the lower brackets because of the use of the "applicable exclusion amount," also known as the "unified credit." The unified credit amounts for the estate and gift taxes are shown immediately above.
III. Federal Gift Tax Table 2010 |
|||
|
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% |