State Inheritance and Estate Tax Rates and Exemptions as of January 1, 1999.
| State |
Type of Tax (1) |
Max Rate on Transfers
to Children (2) |
Taxable Amount on
Which Max. Rate Applies |
Spousal
Exemption |
| Alabama |
Pick-up tax only |
16.00% |
$10.1 million |
Yes, Full |
| Alaska |
Pick-up tax only |
16.00% |
$10.1 million |
Yes, Full |
| Arizona |
Pick-up tax only |
16.00% |
$10.1 million |
Yes, Full |
| Arkansas |
Pick-up tax only |
16.00% |
$10.1 million |
Yes, Full |
| California |
Pick-up tax only |
16.00% |
$10.1 million |
Yes, Full |
| Colorado |
Pick-up tax only |
16.00% |
$10.1 million |
Yes, Full |
| Connecticut (3)(4) |
Inheritance tax |
10.00% |
$1 million |
Yes, Full |
| Delaware |
Pick-up tax only |
16.00% |
$10.1 million |
Yes, Full |
| Florida |
Pick-up tax only |
16.00% |
$10.1 million |
Yes, Full |
| Georgia |
Pick-up tax only |
16.00% |
$10.1 million |
Yes, Full |
| Hawaii |
Pick-up tax only |
16.00% |
$10.1 million |
Yes, Full |
| Idaho |
Pick-up tax only |
16.00% |
$10.1 million |
Yes, Full |
| Illinois |
Pick-up tax only |
16.00% |
$10.1 million |
Yes, Full |
| Indiana |
Inheritance tax |
10.00% |
$1.5 million |
Yes, Full |
| Iowa |
Inheritance tax |
8.00% |
$150,000 |
Yes, Full |
| Kansas |
Pick-up tax only |
16.00% |
$10.1 million |
Yes, Full |
| Kentucky |
Inheritance tax |
10.00% |
$500,000 |
Yes, Full |
| Louisiana (3)(6) |
Inheritance tax |
3.00% |
$20,000 |
Yes, Full |
| Maine |
Pick-up tax only |
16.00% |
$10.1 million |
Yes, Full |
| Maryland |
Inheritance tax |
1.00% |
Entire Transfer |
Full for all real
property |
| Massachusetts |
Pick-up tax only |
16.00% |
$10.1 million |
Yes, Full |
| Michigan |
Pick-up tax only |
16.00% |
$10.1 million |
Yes, Full |
| Minnesota |
Pick-up tax only |
16.00% |
$10.1 million |
Yes, Full |
| Mississippi |
Estate tax |
16.00% |
$10 million |
Property up to
$600,000 |
| Missouri |
Pick-up tax only |
16.00% |
$10.1 million |
Yes, Full |
| Montana |
Inheritance tax |
8.00% |
$100,000 |
Class A property |
| Nebraska |
Inheritance tax |
1.00% |
$60,000 |
Yes, Full |
| Nevada |
Pick-up tax only |
16.00% |
$10.1 million |
Yes, Full |
| New Hampshire |
Inheritance tax |
16.00% |
$10.1 million |
Yes, Full |
| New Jersey |
Inheritance tax |
16.00% |
$1.7 million |
Yes, Full |
| New Mexico |
Pick-up tax only |
16.00% |
$10.1 million |
Yes, Full |
| New York (3)(7) |
Estate tax |
21.00% |
$10.1 million |
Yes, Full |
| North Carolina |
Pick-up tax only |
16.00% |
$10.1 million |
Yes, Full |
| North Dakota |
Pick-up tax only |
16.00% |
$10.1 million |
Yes, Full |
| Ohio |
Estate tax |
7.00% |
$500,000 |
Yes, Full |
| Oklahoma |
Estate tax |
10.00% |
$10 million |
Yes, Full |
| Oregon |
Pick-up tax only |
16.00% |
$10.1 million |
Yes, Full |
| Pennsylvania |
Inheritance tax |
6.00% |
Entire Transfer |
Yes, Partial |
| Rhode Island |
Pick-up tax only |
16.00% |
$10.1 million |
Yes, Full |
| South Carolina |
Pick-up tax only |
16.00% |
$10.1 million |
Yes, Full |
| South Dakota |
Inheritance tax |
7.50% |
$100,000 |
Yes, Full |
| Tennessee (3) |
Inheritance tax |
9.50% |
$440,000 |
Yes, Full |
| Texas |
Pick-up tax only |
16.00% |
$10.1 million |
Yes, Full |
| Utah |
Pick-up tax only |
16.00% |
$10.1 million |
Yes, Full |
| Vermont |
Pick-up tax only |
16.00% |
$10.1 million |
Yes, Full |
| Virginia |
Pick-up tax only |
16.00% |
$10.1 million |
Yes, Full |
| Washington |
Pick-up tax only |
16.00% |
$10.1 million |
Yes, Full |
| West Virginia |
Pick-up tax only |
16.00% |
$10.1 million |
Yes, Full |
| Wisconsin |
Pick-up tax only |
16.00% |
$10.1 million |
Yes, Full |
| Wyoming |
Pick-up tax only |
16.00% |
$10.1 million |
Yes, Full |
(1) All states have federal pick-up tax as minimum, the effective top rate is at least 16% in every state.
(2) Inheritance taxes have different classes and rates. As the pickup tax applies as a minimum tax, effective
maximum rates on transfers to children are at least 16%. Lower rates apply only when the pick-up minimum tax does not.
(3) States with added gift tax.
(4) Phasing in to a pick-up tax by 2005.
(5) Inheritance tax replaced by a pick-up tax effective January 1, 1999.
(6) Phasing in to a pick-up tax by 2004.
(7) Estate tax replaced by a pick-up tax by February 1, 2000 and gift tax repealed January 1, 2000.
1999 NYS Sourcebook Source: OTPA compilation, from (in part) Significant Features of Fiscal Federalism, Vol. 1 Budget Processes
and Tax Systems, ACIR |
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