Estate Tax Calculator
Net Estate Value
$4,300,000
After debts & deductions
Federal Estate Tax
$688,000
Based on 2024 rates
State Estate Tax
$688,000
New York state tax
Total Estate Tax
$1,376,000
Federal + State
Net to Heirs
$2,924,000
After all taxes
About Estate Taxes 2024
Federal Estate Tax Exemption (2024): $13.61 million per individual ($27.22 million for married couples).
Federal Estate Tax Rates: Progressive from 18% to 40% on amounts above the exemption.
State Estate Taxes: 12 states impose their own estate taxes with varying exemptions and rates.
Note: This calculator provides estimates based on 2024 tax laws. Actual tax liability may vary. Consult with an estate planning attorney for personalized advice.