Reference Sheet
Historic Tax Rates
EFFECTIVE AS OF
DATE OF DEATH |
SPOUSE |
LINEAL |
SIBLING |
COLLATERAL* |
|
04-07-1826 TO 1846 |
0% |
0% |
2½% |
2½% |
|
04-23-1846 TO 07-10-1917 |
0 |
0 |
5 |
5* |
|
07-11-1917 TO 05-04-1921 |
2 |
2 |
5 |
5* |
|
05-05-1921 TO 12-10-1951 |
2 |
2 |
10 |
10* |
|
12-11-1951 TO 12-29-1967 @ 4:00 P.M. |
2 |
2 |
15 |
15* |
|
12-29-1967 AFTER 4:00 P.M. TO 06-30-1994 |
6 |
6 |
15 |
15 |
|
07-01-1994 TO 12-31-1994 |
3 |
6 |
15 |
15 |
|
01-01-1995 TO 06-29-2000 |
0 |
6 |
15 |
15 |
|
07-01-2000 TO PRESENT |
0 |
4.5 |
12 |
15 |
*Until May 31, 1957, Charities Were Considered Collateral Beneficaries.
**Effective 7-1-2000 Transfers From A Child Age 21 Or Younger To Natural Or Adoptive Parent, Or Stepparent Is At Zero Tax Rate
HISTORIC INTEREST RATES
|
DATE OF DELINQUENCY |
ANNUAL RATE |
DAILY FACTOR |
|
BEFORE 05-29-1943 |
12 |
.000329 |
|
05-29-1943 TO 12-31-1981 |
6 |
.000164 |
|
01-01-1982 TO 12-31-1982 |
20 |
.000548 |
|
01-01-1983 TO 12-31-1983 |
16 |
.000438 |
|
01-01-1984 TO 12-31-1984 |
11 |
.000301 |
|
01-01-1985 TO 12-31-1985 |
13 |
.000356 |
|
01-01-1986 TO 12-31-1986 |
10 |
.000274 |
|
01-01-1987 TO 12-31-1987 |
9 |
.000247 |
|
01-01-1988 TO 12-31-1991 |
11 |
.000301 |
|
01-01-1992 TO 12-31-1992 |
9 |
.000247 |
|
01-01-1993 TO 12-31-1994 |
7 |
.000192 |
|
01-01-1995 TO 12-31-1998 |
9 |
.000247 |
|
01-01-1999 TO 12-31-1999 |
7 |
.000192 |
|
01-01-2000 TO 12-31-2000 |
8 |
.000219 |
|
01-01-2001 TO 12-31-2001 |
9 |
.000247 |
|
01-01-2002 TO 12-31-2002 |
6 |
.000164 |
|
01-01-2003 TO 12-31-2003 |
5 |
.000137 |
|
01-01-2004 TO 12-31-2004 |
4 |
.000110 |
| 01-01-2005 TO 12-31-2005 |
5 |
.000137 |
| 01-01-2006 TO 12-31-2006 |
7 |
.000192 |
| 01-01-2007 TO 12-31-2007 |
8 |
.000219 |
| 01-01-2008 TO 12-31-2008 |
8 |
.000219 |
| 01-01-2009 TO 12-31-2009 |
5 |
.000137 |
| 01-01-2010 TO 12-31-2010 |
4 |
.000110 |
|
01-01-2011 TO 12-31-2011 |
|
.000082 |
FAMILY EXEMPTION ALLOWANCE |
AVAILABLE ALLOWANCE |
|
EFFECTIVE DATES OF DEATH |
|
ACT OF 1851, AMMENDED BY 1913 |
$300.00 |
|
|
ACT OF 1917 |
$500.00 |
|
|
ACT OF 1949 |
$750.00 |
|
|
FROM 11-10-1959 TO 05-04-1970 |
$1,000.00 |
|
|
FROM 05-05-1970 TO 06-26-1974 |
$1,500.00 |
|
|
FROM 06-27-1974 TO 01-29-1995 |
$2,000.00 |
|
|
FROM 01-30-1995 |
$3,500.00 |
|
***D.O.D.= DATE OF DEATH
****FCL = FEDERAL CLOSING LETTER