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About the Estate Tax:   


Published: 04/13/2004

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Federal Estate Tax Calculator - 2004 Law

How much do people pay in estate taxes? Use the calculator below to find out.

Instructions: Select the marital status, the value of the estate, and the amount given to charity:

Marital status:
Total value of estate
(assets less debt):
Charitable bequests
(if any):
of net estate value.

Maximum Estate Tax Owed by Heirs*: , or of the estate.

*Note: 2004 law includes a $1.5 million exemption level per person, and a top marginal tax rate of 48%. Other provisions, such as owning a family farm or business, environmentally protected land, etc., will likely lower the total tax bill.

Wealth thresholds from Wojciech Kopczuk and Emmanuel Saez, based on estate tax returns.