How Much Are Death Taxes in New York?
Estimate federal estate tax, state estate tax, and inheritance tax for an estate or trust. See which taxes apply in your state and how much beneficiaries may owe.
Total value of all assets at death
Mortgages, loans, funeral costs, administration
New York Death Tax Status
- State estate tax:Yes
- State inheritance tax:No
- State exemption:$7.2M
- Federal exemption (2026):$15.0M
Calculate Death Taxes
Select your state, enter an estate value, and indicate marital status to see federal and state death tax estimates.
This calculator provides educational estimates for 2026 tax year and does not constitute legal, tax, or financial advice. Actual taxes depend on deductions, credits, and specific circumstances. Consult a licensed estate planning attorney or CPA for guidance specific to your situation.
Frequently Asked Questions
Yes, New York has estate tax. The estate tax applies to estates exceeding $7.2 million. Federal estate tax also applies to estates over $15 million.
The New York estate tax exemption is $7.2 million (2025). Estates below this threshold are not subject to state estate tax. This exemption is indexed to inflation.
New York has a "cliff effect" where estates exceeding the exemption by more than 5% lose the entire exemption. For example, if the exemption is $7.2 million, an estate of $7.59 million would be taxed on the full amount with no exemption.
Yes, surviving spouses are generally exempt from New York death taxes through the marital deduction. Assets passing to a spouse are not included in the taxable estate. However, the surviving spouse's estate may owe taxes when they pass.
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