June 28th, 2009 | 
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george_a_lutz asked:
Is it correct to say that the estate tax on estates over $1million and under $2 million is 1.6%?
Is it correct to say that the estate tax on estates over $1million and under $2 million is 1.6%?
My source is this: http://en.wikipedia.org/wiki/Estate_tax_in_the_United_States
Looks like the max estate tax is now 23%.
My only confusion is regarding the Tentative Tax discussed in this same article in which the rates are much heavier. I guess I’m asking how does that Tentative Tax relate to the estate tax?
Thanks for any advice!
Sumiko Feinstein
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The equity of large estates.