Federal Estate Tax Rates
2007 and 2008
Taxable Estate
Tax Before Credit @ 45%
Estate Tax Credit
Tax Due
$0.00 - $2,000,000
$780,800
$780,800
No tax - Offset by Estate Tax Credit
$2,500,000
$1,005,800
$780,800
$225,000
$3,000,000
$1,230,800
$780,800
$450,000
$3,500,000
$1,455,800
$780,800
$675,000
$4,000,000
$1,680,800
$780,800
$900,000
$4,500,000
$1,905,800
$780,800
$1,125,000
$5,000,000
$2,130,800
$780,800
$1,350,000
With the proper planning federal estate taxes can be eliminated, or at the very least, minimized. The Southwest Missouri Bank Trust Department can show you how.
