How Much Is Inheritance Tax 2024 In Arizona. If you’re lucky enough to have inherited some assets from someone who died, you might not feel so lucky when you. Based on state and federal tax rules in 2022, a person may inherit up to $12.06 million without paying taxes, provided that the deceased was a resident of arizona or another state that does not impose an inheritance tax.
In addition to the federal estate tax, with a top rate of 40 percent, 12 states and dc. The estate would pay $50,000 (5%) in estate taxes.
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