Inheritance Tax 2024 Pa

Inheritance Tax 2024 Pa. Child's spouse, so long as the spouse. The current inheritance tax rates are as follows:

In addition to the federal estate taxan estate tax is imposed on the net value of an individual’s taxable estate, after any exclusions or credits, at the time of death.the tax is paid. The tax rate for pennsylvania inheritance tax is 4.5% for transfers to direct descendants (lineal heirs), 12% for transfers to siblings, and 15% for transfers to other heirs.