2010 2011 2012 2013 Estate Tax Exemption amount * $5.0 million * $5.0 million * $5,120,000 * $1.0 million *See note below ** Tax rate Flat (35%) Flat (35%) Flat (35%) Progressive (up to 55%) Elections Can elect out of estate tax, but §1022 carryover basis will apply ($1.3 million “free-basis” + $3.0 million … Continue reading Chart of current and historical estate tax exemptions, gift tax exemptions, and GST exemptions →