New Jersey Estate Tax Calculator
Calculate estate and inheritance tax in New Jersey. State inheritance tax up to 16%. Federal exemption $13.61M. Free calculator.
How This Calculator Works
Calculation methodology and assumptions
Estate tax calculator for New Jersey. New Jersey has a state inheritance tax with a top rate of 16%. Exemption: $25,000. Federal estate tax exemption: $13.61M (2026), with rates from 18-40% on amounts above the exemption. Unlimited marital deduction applies to spousal transfers. Charitable bequests are fully deductible.
Key State Information
New Jersey estate tax facts: New Jersey has a state inheritance tax with a top rate of 16%. Exemption: $25,000. Median home value: $470,000. If your estate exceeds $25,000, New Jersey inheritance tax applies at rates up to 16%.
Frequently Asked Questions
Does New Jersey have an estate tax?
Yes. New Jersey has a state inheritance tax. The exemption is $25,000 and the top rate is 16%.
How can I reduce estate tax in New Jersey?
Key strategies: (1) Maximize the marital deduction for spousal transfers, (2) Make annual gift tax exclusion gifts ($18,000/recipient/year), (3) Use charitable bequests, (4) Establish irrevocable trusts, (5) Move life insurance to an ILIT. In New Jersey, consider the state exemption threshold of $25,000 in your planning.
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