Make money work for you!

  • Home
  • Personal Finance
  • Budgeting
  • Shopping
  • Taxes

13 US States With the Highest Death Taxes

February 6, 2023 · Taxes
maryland
Photo by SeanPavone from Envato

6. Maryland

  • Estate tax: Yes
  • Estate tax rate: 0.8%-16%
  • Estate tax exemption level: $5 million

The estate exemption for Maryland is $5 million in 2022, plus the predeceased spouse’s unused exclusion amount (if that’s the case). This means that if you pass away and leave behind an estate that’s worth less than $5 million, your estate isn’t subject to the Maryland death tax.

But if your estate is worth $5 million or more, there’s a progressive tax rate (ranging from 0.8% to 16%) that your estate has to pay after you die. While there’s also an inheritance tax in Maryland (with a flat 10% rate), the list of those exempt from paying it includes the decedent’s children, spouse, parents, grandparents, grandchildren, siblings, daughter-in-law, son-in-law, and surviving spouse of a deceased kid. Moreover, property worth less than $1,000 passing to any one heir isn’t subject to the tax.

Pages: 1 2 3 4 5 6 7 8 9 10 11

Share this article

Facebook Twitter Pinterest LinkedIn Email

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

1 comment on “13 US States With the Highest Death Taxes”

  1. Good Luck says:
    February 23, 2023 at 8:08 pm

    time for a Tea party again

    Reply
Se încarcă comentarii...

Nu mai există comentarii de afișat.

Search

Latest Posts

  • IRS refund Tax Refund Alert: Americans May See a $1,000 Increase in 2026
  • Are You a Homeowner? Here Are 5 Trump Tax Bill Changes That Could Affect You
  • social security The 2026 Schedule of Social Security Offices - What You Need to Know
  • snap Amazon Refund: How Much You Could Receive
  • amazon prime, money Here's How to Get Your Refund From Amazon's $2.5B FTC Settlement
  • social security, Social Security task Who Will Receive Social Security Payments on February 11, 18, and 25?
  • Holiday Scam 10 Holiday Tax Scams That Turn Your Ho-Ho-Ho Into Oh-No!
  • 5 Costco Products That Cost More Due to Trump's Tariffs
  • protect your wallet from inflation 6 Bills That Changed After Trump Returned to Office
  • Amazon Are You Eligible For a Refund From Amazon? Find Out Here!

Newsletter

Get money-saving tips and personal finance advice delivered to your inbox.

Related Articles

stealth

7 Stealth Taxes that Can Destroy Your Retirement

$10,000 limitation on your personal income tax deductions As opposed to the first five stealth…

Read More →
tax burdens stealth return

7 States With Largest Tax Burdens for Middle-Class Families

Which states have the biggest tax burden for the middle class? If you made the…

Read More →
Kamala Harris taxes

Will Kamala Harris Raise My Taxes?’ Let’s Find Out!

Vice President Kamala Harris revealed some of her ambitious proposals as part of a future…

Read More →

Did You Know About These 5 Veteran Tax Breaks?

There are special tax breaks that are available for veterans only! Whether you are a…

Read More →
save

6 New Ways Retirees Can Save on Taxes This Season

#6 File your taxes on time to save money This is the simplest way to…

Read More →

Are You a Homeowner? Here Are 5 Trump Tax Bill Changes That Could Affect You

Final Thoughts: Smart Planning Is More Important Than Ever Trump’s 2025 tax overhaul delivers both…

Read More →
A graph showing IRS income thresholds for determining the taxability of Social Security benefits for single filers and married couples filing jointly, along with the corresponding tax percentages.

The Tax Implications of Your Social Security Benefits

What About State Taxes on Social Security Benefits? So far, everything we’ve discussed applies to…

Read More →
ridiculous taxes

9 Most Ridiculous Things You’ll Get Taxed for

6. Blueberry tax The blueberry tax also makes the list of ridiculous taxes. While Maine…

Read More →
Tax credits, reduce, veteran, climate return

8 Legal Ways in Which You Can Reduce Your Taxes

Did you know that you could save a significant amount with these credits and tax…

Read More →
The Money Place

Make money work for you!

Inedit Agency S.R.L.
Bucharest, Romania

contact@ineditagency.com

Explore

  • Subscribe
  • Unsubscribe
  • Newsletter
  • Terms and Conditions
  • Do not sell my personal information
  • Privacy Policy
  • Contact

Categories

  • Budgeting
  • Personal Finance
  • Shopping
  • Taxes

© 2026 The Money Place. All rights reserved.