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Federal Estate & Gift Tax Tables
I. Unified Credit |
|
Year of Death |
Exclusion Amount |
|
2007 and 2008 |
$2,000,000 |
|
2009 |
$3,500,000 |
|
2010 |
Repealed |
|
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 |
2,000,000 |
555,800 |
45% |
| 2,000,001 |
|
780,800 |
46% |
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 known immediately below.
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