13 US States With the Highest Death Taxes

district of columbia
Photo by f11photo from Shutterstock

2. District of Columbia

  • Estate tax: Yes
  • Estate tax rates: 11.2%-16%
  • Estate tax exemption level: $4,528,800

Washington, D.C., levies a death tax on the estates of certain people after they have passed away. More specifically, estates worth more than $4,254,800 in 2022 are subject to an estate tax. This threshold is higher than in past years.

The rate of the nation’s capital estate tax ranges from 11.2% to 16% in 2023. Estate planning isn’t easy, and if you’re dealing with the estate of a loved one or planning for your own estate, you may need some help. Consider seeking support from a financial advisor that can help you with your estate planning needs.

«12 3 45 ... 11»

Share:

One Response

Leave a Reply

Your email address will not be published.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

Related Posts