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Your email address will not be published.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

  • What about stop-and-go traffic? Can I save some gas by turning off my vehicle? Seniors: Will You Have to Retake Your Driving Test This Year? What You Should Know About DMV Rules
  • A woman in her late 50s joyfully works on a woodworking project in her sunlit garage, representing a vibrant lifestyle. 5 Smart Ways to Use Your Life Insurance While You're Still Alive
  • An infographic titled 'The Subscription Leak' showing a funnel of money with data points about household subscription costs. 8 Subscription Services Americans Are Quietly Replacing With Cheaper Alternatives
  • Ink drawing of a person cutting a giant price tag to reveal a lower price underneath, symbolizing the power of negotiation. 10 Things You Should Always Negotiate but Most People Never Do
  • A person in a cozy sweater holding a ceramic mug in a sunlit breakfast nook, evoking a sense of quality and comfort. 10 Things You Should Always Pay More For (They're Worth Every Penny)
  • A senior couple smiles while reviewing a map of the US and financial papers on an oak table in a sun-drenched room. 7 States Where Retirees Are Paying Zero Tax on Their Pension in 2026
  • A person at a kitchen table comparing a digital stock app on a smartphone to an old handwritten ledger book. 8 Money Habits Americans Learned From Their Parents That No Longer Work
  • A retiree in her sun-drenched home studio packing a ceramic vase for shipping next to a laptop showing business sales. 7 Retiree Hobbies That Accidentally Turned Into Full Businesses
  • A mixed media collage of vintage childhood items like toys and coins spilling out of an attic box, representing hidden value. 9 Childhood Items Retirees Still Own That Are Worth Serious Money
  • A hand holding an opened chocolate bar with large empty spaces in the tray on a kitchen counter next to a grocery bag. 8 Everyday Products That Quietly Shrank Without Most Americans Noticing

Newsletter

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

Related Articles

experts stealth

Can’t Pay Your Taxes? Experts Shared 3 Solutions for You

A person writes in a notebook, outlining a strategic plan to manage tax debt and…

Read More →

Did You Know About These 5 Veteran Tax Breaks?

A smiling veteran couple reviews exclusive tax breaks on a tablet while relaxing on their…

Read More →
change return

9 States That Made Big Changes to Their Tax Laws

#6 Arizona Arizona is yet another one of the states that has decided to change…

Read More →
A person reviewing tax documents on a laptop in a bright, modern home office.

Tax Season Warning: How IRS Budget Cuts May Affect Your Refund

The 2026 tax season faces new challenges from IRS budget cuts. Discover how funding changes…

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 →
experts, reduce, change, taxes, home, income

Want to Reduce Your Taxes? Here Are 7 (Necessary) Tips 

6. Donate to charity Donating to charity will not only make you feel better knowing…

Read More →
A woman smiling at her phone in a bright kitchen, representing the relief of receiving a tax refund.

When Will Your 2026 Tax Refund Arrive? IRS Timeline Explained

Wondering when your 2026 tax refund will arrive? Check our estimated IRS schedule, learn about…

Read More →
prepare early for the tax season avoid

8 Unexpected Reasons to Prepare Early for The Tax Season

7. Faster tax refunds This is probably one of the best reasons to prepare early…

Read More →
income retire stealth

10 Types of Retirement Income Tax You Need to Know About

Dividends Lots of retirees have stocks, either directly or from a mutual fund. Dividends that…

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.