Estate Tax Rates for 2013 and beyond
The zero-hour fiscal cliff law passed by Congress on 12/31/12 raised the top estate tax rates to 40 percent.
Here’s a table with the new rates for 2013 and beyond.
Don’t be caught unprepared. E-mail us for some estate-preserving ideas.
| If the amount with respect to which the tentative tax to be computed is: | The tentative tax is: |
| Not over $10,000 | 18 percent of such amount |
| Over $10,000 but not over $20,000 | $1,800, plus 20 percent of the excess of such amount over $10,000 |
| Over $20,000 but not over $40,000 | $3,800, plus 22 percent of the excess of such amount over $20,000 |
| Over $40,000 but not over $60,000 | $8,200, plus 24 percent of the excess of such amount over $40,000 |
| Over $60,000 but not over $80,000 | $13,000, plus 26 percent of the excess of such amount over $60,000 |
| Over $80,000 but not over $100,000 | $18,200, plus 28 percent of the excess of such amount over $80,000 |
| Over $100,000 but not over $150,000 | $23,800, plus 30 percent of the excess of such amount over $100,000 |
| Over $150,000 but not over $250,000 | $38,800, plus 32 percent of the excess of such amount over $150,000 |
| Over $250,000 but not over $500,000 | $70,800, plus 34 percent of the excess of such amount over $250,000 |
| Over $500,000 | $155,800, plus 35 percent of the excess such amount over $500,000 |
| Over $500,000 but not over $750,000 | $155,800, plus 37 percent of the excess such amount over $500,000 |
| Over $750,000 but not over $1,000,000 | $248,300, plus 39 percent of the excess such amount over $750,000 |
| Over $1,000,000 | $345,800, plus 40 percent of the excess such amount over $1,000,000 |
