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U.S. Federal Estate, Gift and Generation-Skipping Transfer Tax Rates
If the Amount
Is Over
But Not Over
The Tentative
Tax Is
Of the
Amount Over
$ 0
$ 10,000
18%
$ 0
10,000
20,000
$ 1,800 + 20%
10,000
20,000
40,000
3,800 + 22%
20,000
40,000
60,000
8,200 + 24%
40,000
60,000
80,000
13,000 + 26%
60,000
80,000
100,000
18,200 + 28%
80,000
100,000
150,000
23,800 + 30%
100,000
150,000
250,000
38,800 + 32%
150,000
250,000
500,000
70,800 + 34%
250,000
500,000
750,000
155,800 + 37%
500,000
750,000
1,000,000
248,300 + 39%
750,000
1,000,000
345,800 + 40%
1,000,000
Notes
• All amounts referred to in the table and the notes are denominated in U.S. dollars.
• Taxable gifts made during one’s lifetime and from their estate upon death are combined in
determining the exempt amount and the applicable tax rate.
• In 2013, most U.S. citizens and U.S. domiciled decedents will be allowed an estate
exemption of $5,250,000, effectively exempting estates of less than that amount from tax.
The gift tax exemption amount has also been increased to $5,250,000. In addition, this
estate and gift tax exemption is portable to a surviving U.S. citizen spouse. This allows the
surviving spouse to utilize any exemption amount not utilized by the decedent spouse.
• Non-resident aliens are allowed a credit of only $13,000, effectively exempting U.S. situs
assets of $60,000 or less from U.S. estate tax.
Current as of June 30, 2013
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