Fed Inheritance Tax 2024. The faqs on this page provide details on how tax reform affects estate and gift tax. Federal tax rates range between 18% and 40%, depending on the amount above the $12.92 million threshold, or exemption amount, per person in 2023 or $13.61 million in 2024.

Federal tax rates range between 18% and 40%, depending on the amount above the $12.92 million threshold, or exemption amount, per person in 2023 or $13.61 million in 2024. The faqs on this page provide details on how tax reform affects estate and gift tax.