Keep this chart handy. Read more about the federal estate tax here. Learn if your state has an additional estate tax with this map.2010 estate and gift tax limitsAnnual gift tax exclusion$13,000Lifetime gift tax exclusion$1 millionFederal estate tax exclusionRepealedGeneration skippingRepealedMaximum gift and estate tax rateGift tax only, equal to top individual income tax rateNote: Unless Congress takes action, the federal estate tax will and revert to a top rate of 55 percent. The applicable exclusion amount will revert to $1 million.« Back to the "Estate planning" table of contents Create a news alert for "taxes" advertisementRelated Links:Reporting your investment earnings4 risks to helping your adult child financiallyDeducting travel and entertainment expensesRelated Articles:Map of state estate taxesEstate-planning Q&AMinimum payment opt-out?
Keep this chart handy. Read more about the federal estate tax here. Learn if your state has an additional estate tax with this map.
Note: Unless Congress takes action, the federal estate tax will and revert to a top rate of 55 percent. The applicable exclusion amount will revert to $1 million.
« Back to the "Estate planning" table of contents
Create a news alert for "taxes"
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