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Your email address will not be published.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

  • A collage showing a person's silhouette made of shredded medical forms and a Medicaid card, with a padlock symbolizing protection. Find Out If You Were a Victim of Medicaid Fraud!
  • A minimalist ink illustration of a June 2026 calendar with the 15th circled in bold red ink and a fountain pen resting nearby. Don't Miss These Important IRS Tax Deadlines in June
  • A navy folder labeled 'Vital Financial Documents' sits on a kitchen table next to a coffee mug and a secure fireproof lockbox. The Safest Places to Store Your Financial Documents
  • An editorial collage featuring a brass compass, financial documents, a family photo, and a metal key, representing a financial roadmap. 8 Financial Details Loved Ones Need to Know
  • A senior man smiling at a laptop in a sunlit public library with books on the table and a park view through the window. 10 Simple Retirement Joys That Cost Nothing
  • A woman in her 60s reviews financial paperwork at a sunlit kitchen table, captured in a candid, documentary-style photograph. 9 Financial Perks Many Retirees Overlook
  • A person sits at a sunny kitchen table reviewing bills with a pen and coffee, embodying a proactive approach to household budgeting. 7 Household Expenses Worth Reviewing Today
  • A senior man in a knit sweater sits at a sunny wooden desk at home, organizing legal documents and folders in a quiet morning setting. 9 Things Retirees Should Put in Writing
  • A person holding a phone at night showing multiple scam notifications about packages, banks, and tolls. 9 Everyday Messages You Should Never Respond To
  • Close-up of house keys on a wooden table with moving boxes and a sold sign in the blurred background. 7 Signs It Might Be Time to Downsize

Newsletter

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

Related Articles

A graph showing the comparison between a standard deduction amount and itemized deductions for a retired couple, illustrating which option results in lower taxable income.

10 Overlooked Tax Deductions for Retirees

5. Investment Interest Expense This is a more specialized deduction that applies to retirees who…

Read More →
tax burdens stealth return

7 States With Largest Tax Burdens for Middle-Class Families

A concerned couple reviews financial spreadsheets in their kitchen, reflecting the growing tax pressures facing…

Read More →
florida

Florida Tax Guide: What Retirees Will Have to Pay (and What They Won’t)

What about sales tax and other taxes? When it comes to sales and use tax,…

Read More →
tax deductions, change

10 Tax Deductions to Benefit From if You’re Self-Employed

As a self-employed person, you must handle your own taxes, or you can hire an…

Read More →
free tax assistance avoid

Frugal Tax Solutions: 5 Ways to File Your Taxes for Free

Every year, there is the tax season when everyone needs to file their taxes. It’s…

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 →
new 2024 tax plan

Biden Proposed a New 2024 Tax Plan (and You Should See It Now)

Global minimum tax The proposal would revoke Base Erosion and Anti-Abuse Tax liability, replacing them…

Read More →
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 →

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 →
The Money Place

Make money work for you!

Inedit Agency S.R.L.
Bucharest, Romania

contact@ineditagency.com

Trust & Legal

  • Subscribe
  • Unsubscribe
  • Newsletter
  • Terms and Conditions
  • Do not sell my personal information
  • Privacy Policy
  • Contact
  • Request to Know
  • Request to Delete
  • CA Private Policy

Categories

  • Budgeting
  • Personal Finance
  • Shopping
  • Taxes

© 2026 The Money Place. All rights reserved.