Departments - Estate Tax - Tax Rates


If the taxable estate is: The tax shall be:
Not over $40,000 estate 2 percent of the taxable
Over $40,000 but not over $100,000 $800 plus 3 percent of the excess over $40,000
Over $100,000 but not over $200,000 $2,600 plus 4 percent of the excess over $100,000
Over $200,000 but not over $300,000 $6,600 plus 5 percent of the excess over $200,000
Over $300,000 but not over $500,000 $11,600 plus 6 percent of the excess over $300,000
Over $500,000 $23,600 plus 7 percent of the excess over $500,000