How much do people pay in estate taxes? Use the calculator below to find out. function calculate(form) { var valid = 1; var estate_value, charity, taxable_estate, estate_tax, bypass; var tax_10; var unified_credit, exemption; var temp; unified_credit = 555800; exemption = 1500000; if(form.estate_value.value.length == 0) estate_value = 0.0; else estate_value = eval(form.estate_value.value); if(form.charity.value.length == 0) charity = 0.0; else charity = eval(form.charity.value) * estate_value; if(form.marital_status.value == "married") taxable_estate = estate_value - charity - exemption; else taxable_estate = estate_value - charity; if(taxable_estate < 0.0) taxable_estate = 0.0; form.taxed_estate.value = "$" + Math.max((taxable_estate-exemption),0); if(taxable_estate <= 1500000) estate_tax = 0.0; if(1500000 < taxable_estate && taxable_estate <= 2000000) estate_tax = 555800 + ((taxable_estate - 1500000) * 0.45) - unified_credit; if(taxable_estate > 2000000) estate_tax = 780800 + ((taxable_estate - 2000000) * 0.48) - unified_credit; if(estate_tax < 0.0) estate_tax = 0.0; if (estate_tax == 0) form.estate_tax.value = "Nothing!"; else form.estate_tax.value = "$" + estate_tax; form.estate_tax_rate.value = "" + Math.round((estate_tax/estate_value)*100) + "%"; } Instructions: Select the marital status, the value of the estate, and the amount given to charity: Marital status: Married Single Total value of estate(assets less debt): $50,000.00 $100,000.00 $500,000.00 $700,000.00 - Top 2% $1,000,000.00 $1,500,000.00 $1,800,000.00 - Top 0.5% $2,000,000.00 $3,000,000.00 $4,000,000.00 $5,000,000.00 $10,000,000.00 - Top 0.05% $25,000,000.00 - Top 0.01% Charitable bequests(if any): None 10% 20% 30% 40% 50% 60% 70% 80% 90% 100% of net estate value. Maximum Estate Tax Owed by Heirs*: , or of the estate. *Note: 2004 law includes a $1.5 million exemption level per person, and a top marginal tax rate of 48%. Other provisions, such as owning a family farm or business, environmentally protected land, etc., will likely lower the total tax bill. Wealth thresholds from Wojciech Kopczuk and Emmanuel Saez, based on estate tax returns.