Estate Tax Rates and Exemption Amounts

Year Estate Exemption Amount Top Estate Tax Rate

2008

$2.5 Million

45%

2009

$3.5 Million

45%

2010

Repealed

N/A

2011

$1 Million

55%

In 2008, individuals are permitted to gift $12,000 per recipient in annual gifts to an unlimited number of recipients.

This amount increases to $13,000 per recipient in 2009.

Learn more about federal income tax rates at www.irs.gov.

State estate tax, income tax, property tax and other tax rates vary by location. You can find your tax rate using any  major search engines.

Baltimore Office

11019 McCormick Road, Suite 400

Hunt Valley, Maryland 21031

Eastern Shore Office

5700 Coastal Highway, Suite 100

Ocean City, Maryland 21842