|Gordon J Maier & Company, LLP|
|Federal Estate Tax Estimator|
This is a hypothetical example intended for illustration purposes only.
This calculator calculates estate tax based upon a taxable estate that you input. It does not show any amounts that may pass to heirs outside the taxable estate, including any additional amounts that may pass to a surviving spouse using the marital deduction. It is possible there is other property from which the estate tax could be collected.
The only credit considered by this calculator is the unified credit (applicable credit amount).
The deceased spousal unused exclusion amount is available only for estates of decedents dying in 2011 or later and only if an election is made. This calculator reduces the deceased spousal unused exclusion amount used to calculate the unified credit if the amount entered exceeds the basic exclusion amount for the year of death entered.
This calculator does not calculate state death taxes owed. The taxable estate entered should be as reduced by any deduction for state death taxes. Any state taxes could reduce the amount available for heirs.
Prepared by Broadridge Investor Communication Solutions, Inc, Copyright 2011