|
The
exemption from US federal estate taxes has increased significantly since
1997 while the estate tax rate has significantly decreased. Below is a
table that shows the changes in the estate tax exemption and estate tax
rate from 1997 through today.
US Federal Estate Tax Exemptions and Rates
| Year |
Estate Tax Exemption |
Top Estate Tax Rate |
| 1997 |
$600,000 |
55% |
| 1998 |
$625,000 |
55% |
| 1999 |
$650,000 |
55% |
| 2000 |
$675,000 |
55% |
| 2001 |
$675,000 |
55% |
| 2002 |
$1,000,000 |
50% |
| 2003 |
$1,000,000 |
49% |
| 2004 |
$1,500,000 |
48% |
| 2005 |
$1,500,000 |
47% |
| 2006 |
$2,000,000 |
46% |
| 2007 |
$2,000,000 |
45% |
| 2008 |
$2,000,000 |
45% |
| 2009 |
$3,500,000 |
45% |
| 2010 |
$5,000,000 or $0 |
35% or 0% |
| 2011 |
$5,000,000 |
35% |
| 2012 |
$5,120,000 |
35% |
| 2013 |
$5,250,000 |
40% |
|
|
