State Death Taxes in 2005

The following material (current as of February 14, 2005) is reproduced through the courtesy of Mr. Robert M. Brucken of Baker & Hostetler LLP in Cleveland, Ohio.

State Death Taxes in 2005

States with broad-based death taxes: 5

Indiana: [follow this link for updated information]
Ohio: 7% highest rate, exemption $338,333; also possible pre-EGTRRA sponge tax
Oklahoma: family 10% highest rate, others 15% highest rate, exemption $950K
Pennsylvania: 4.5% flat rate, exemption $3,500
Tennessee: 9.5% highest rate, exemption $950K

States with inheritance tax on collaterals only: 6

Connecticut (repealed after 2005)
Iowa
Kentucky
Maryland (also pre-EGTRRA sponge tax)
Nebraska (also pre-EGTRRA like sponge tax; family inheritance tax is flat 1%, washing with sponge tax so family is effectively exempt from inheritance tax)
New Jersey (also pre-EGTRRA sponge tax)

States with pre-EGTRRA sponge tax: 17

District of Columbia
Illinois
Kansas
Maine
Maryland (also collateral inheritance tax)
Massachusetts
Minnesota
Nebraska (also inheritance tax)
New Jersey (also collateral inheritance tax)
New York
North Carolina (repealed July 1, 2005)
Oregon
Rhode Island
Vermont
Virginia
Washington [follow this link for updated information]
Wisconsin

States with NO death tax: 26

All remaining states