These tools cover what a death triggers in taxes: federal and state estate or inheritance tax on the estate, the step-up in cost basis on inherited property, the withdrawal rules for an inherited retirement account, and which returns have to be filed. The Who Inherits Calculator covers who receives the estate when there is no will.
Find out who inherits your estate and how much they get if you die without a will. Based on your state's intestate succession laws.
Calculate federal estate tax, state estate tax (12 states + DC), and inheritance tax (5 states) for an estate or trust.
See which states charge inheritance tax, what federal tax applies, and how long it takes to receive money, property, or retirement assets from an estate or trust.
Estimate the stepped-up basis on inherited stock, real estate, or business interests. Project federal and state capital gains tax with vs. without the step-up to see how much it saves at sale.
See which federal distribution rules apply to an inherited IRA, Roth IRA, or 401(k) — the beneficiary class, the required beginning date from the owner's birth year, the calendar year by which the account must be emptied, whether a withdrawal is required each year, the first-year dates, and the tax for a missed withdrawal.
See which federal and state tax returns need to be filed after a death. Check income tax, estate tax, and fiduciary return requirements with deadlines, form links, and tax clearance rules.
The Estate and Inheritance Tax Calculator applies the federal exemption and your state's estate or inheritance tax, including the rates that vary by the beneficiary's relationship to the person who died, to an estate of a given size.
The Inheritance Tax Guide covers which taxes reach what you receive: inheritance tax in the states that have one, income tax on distributions from inherited retirement accounts, and capital gains on inherited property sold after death.
The Step-Up Basis Calculator resets the cost basis of inherited property to its value at death and shows the capital gain on a later sale, including the community property treatment that applies in some states.
The Inherited IRA Withdrawal Rules tool shows the federal timeline for an inherited IRA, Roth IRA, or 401(k) based on the beneficiary's relationship to the account owner, including the ten year rule and the exceptions to it.
The Who Inherits Calculator applies your state's intestate succession order to the surviving spouse, children, parents, and other relatives and shows each person's share of the estate.