February 4, 2014 Federal Estate and Gift Tax Rates, Exemptions, and Exclusions, 1916-2014 Print this page Subscribe Support our work Table: Federal Estate and Gift Tax Rates, Exemptions, and Exclusions, 1916-2014 Year Estate Tax Exemption Lifetime Gift Tax Exemption Annual Gift Tax Exclusion Maximum Estate Tax Rate Maximum Gift Tax Rate Source: Internal Revenue Service, CCH Inc.; Julie Garber’s “Annual Exclusion from Gift Taxes, 1997-2010,” and “Federal Estate, Gift and GST Tax Rates and Exemptions,” McDermott Will and Emery 1916 $50,000 None None 10% 0% 1917-23 $50,000 None None 25% 0% 1924-25 $50,000 $50,000 $500 40% 25% 1926-31 $100,000 None None 20% 0% 1932-33 $50,000 $50,000 $5,000 45% 34% 1934 $50,000 $50,000 $5,000 60% 45% 1935-37 $40,000 $40,000 $5,000 70% 53% 1938-40 $40,000 $40,000 $4,000 70% 53% 1941 $40,000 $40,000 $4,000 77% 58% 1942-76 $60,000 $30,000 $3,000 77% 58% 1977 $120,000 $120,000 $3,000 70% 70% 1978 $134,000 $134,000 $3,000 70% 70% 1979 $147,000 $147,000 $3,000 70% 70% 1980 $161,000 $161,000 $3,000 70% 70% 1981 $175,000 $175,000 $3,000 70% 70% 1982 $225,000 $225,000 $10,000 65% 65% 1983 $275,000 $275,000 $10,000 60% 60% 1984 $325,000 $325,000 $10,000 55% 55% 1985 $400,000 $400,000 $10,000 55% 55% 1986 $500,000 $500,000 $10,000 55% 55% 1987-97 $600,000 $600,000 $10,000 55% 55% 1998 $625,000 $625,000 $10,000 55% 55% 1999 $650,000 $650,000 $10,000 55% 55% 2000-01 $675,000 $675,000 $10,000 55% 55% 2002 $1,000,000 $1,000,000 $11,000 50% 50% 2003 $1,000,000 $1,000,000 $11,000 49% 49% 2004 $1,500,000 $1,000,000 $11,000 48% 48% 2005 $1,500,000 $1,000,000 $11,000 47% 47% 2006 $2,000,000 $1,000,000 $12,000 46% 46% 2007-08 $2,000,000 $1,000,000 $12,000 45% 45% 2009 $3,500,000 $1,000,000 $13,000 45% 45% 2010 $5,000,000 $1,000,000 $13,000 35% 35% 2011 $5,000,000 $5,000,000 $13,000 35% 35% 2012 $5,120,000 $5,120,000 $13,000 35% 35% 2013 $5,250,000 $5,250,000 $14,000 40% 40% 2014 $5,340,000 $5,340,000 $14,000 40% 40% Was this page helpful to you? Yes! No Thank You! The Tax Foundation works hard to provide insightful tax policy analysis. Our work depends on support from members of the public like you. Would you consider contributing to our work? Contribute to the Tax Foundation Share This Article! Let us know how we can better serve you! We work hard to make our analysis as useful as possible. Would you consider telling us more about how we can do better? Give Us Feedback Topics Center for Federal Tax Policy Data Estate and Gift Taxes Tags dataset
