The estate tax phase-out

Estate Tax Phase-Out 2002-2010 Year Wealth Exemption Highest Tax Rates 2002 $1 million 50% 2003 $1 million 49% 2004 $1.5 million 48% 2005 $1.5 million 47% 2006 $2 million 46% 2007 $2 million 45% 2008 $2 million 45% 2009 $3.5 million 45% 2010 NA (Repealed) Top individual rate Gift tax only) Source: OMBWatch

Estate Tax Phase-Out 2002-2010

Year

Wealth Exemption

Highest Tax Rates

2002

$1 million

50%

2003

$1 million

49%

2004

$1.5 million

48%

2005

$1.5 million

47%

2006

$2 million

46%

2007

$2 million

45%

2008

$2 million

45%

2009

$3.5 million

45%

2010

NA (Repealed)

Top individual rate
Gift tax only)



Source: OMBWatch

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