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3 Answers

How much is the federal inheritance tax?

Asked by: samserio 701 views YA Discussion

I just inherited 25k CD and 20k cash.

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  • federal tax how much tax to pay on inheretance
  • how much is federal inheritance tax

3 Answers



  1. A Hunch on Jul 04, 2012 Reply

    Inheritance tax is paid by the estate not the recipient.
    In 2012, there is a $ 5M exemption before the tax is applied.
    Any amount over $ 5M there is a 35% tax on.

    Some states do tax the recipient, so check your state laws.
    you can just google -”inheritance tax – (enter state)”

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  2. tro on Jul 04, 2012 Reply

    nothing to you

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  3. Max Hoopla on Jul 04, 2012 Reply

    Nothing. There is no federal inheritance tax.

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