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Estate tax, Mass. Dept. of Revenue.
If you’re responsible for the estate of someone who died, you may need to file an estate tax return. If the gross estate is worth less than filing threshold, you don't need to file a return or pay an estate tax. Massachusetts estate tax returns are required if the gross estate, plus adjusted taxable gifts, computed using the Internal Revenue Code in effect on December 31, 2000, exceeds the filling threshold as follows:
- For decedents dying on or after 01/01/2016 with a gross estate of more than $1,000,000
- For decedents dying on or after 01/01/2023 with a gross estate of more than $2,000,000
Massachusetts laws
Federal laws
Internal Revenue Code in effect as of December 31, 2000
MGL c.65C, § 2A specifies "all references... in this chapter to the Internal Revenue Code, unless the context clearly indicates otherwise, shall be to the Code as in effect on December 31, 2000." This is an archived version of the document formerly hosted by the US House of Representatives.
26 USC 2001-2210 (current version): Estate tax
Federal regulations
26 CFR Pt. 20 Estate tax
Web sources
Frequently asked questions on estate taxes (federal), IRS.
Information for businesses and the self employed. The filing threshold for 2022 is $12,060,000.
Massachusetts Estate Tax Guide, Mass. Dept. of Revenue.
The "adjusted taxable estate" used in determining the allowable credit for state death taxes in the table is the federal taxable estate (total federal gross estate minus allowable federal deductions) less $60,000. The rate ranges from .8% to 16%.
Print sources
Income taxation of trusts and estates, Tax Management, loose-leaf.
Official MASSTAX guide, West Pub. Co., annual, volume 4, Estate/Inheritance Tax.
Preparing fiduciary income, gift and estate tax returns, 3rd ed., MCLE, 2022.
Preparing fiduciary income tax returns, Federal and State, Matthew Bender, loose-leaf.
Taxation, annual. (Mass. practice, volume 4), West Group, Ch. 9. Estate Tax.
Contact for Massachusetts law about estate taxation
Online
Last updated: | November 22, 2023 |
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