Inheritance Tax Schedules
Skip Ribbon Commands
Skip to main content

Inheritance Tax Schedules

Beneficiary Classification

Class A ($100,000 exemption if death occurred prior to January 1, 2012; $250,000 exemption if death occurred on or after January 1, 2012):

    • Spouse
    • Children or Step-Children
    • Grandchildren or Step-Grandchildren
    • Parents
    • Daughter-in-law or Son-in-law (if death occurred after December 31, 2011, otherwise Class B)
    • Widow or Widower of a child (if death occurred after December 31, 2011)
    • Spouse of Step-Child (if death occurred after December 31, 2011)
    • Widow or Widower of a Step-Child (if death occurred after December 31, 2011)

Class B ($500 exemption):

    • Brother or Sister
    • Niece or Nephew
    • Daughter-in-law or Son-in-law (if death occurred before January 1, 2012, otherwise Class A)

Class C ($100 exemption):

    • Cousin
    • Aunt or Uncle
    • Brother-in-law or Sister-in-law
    • No blood relation

CLASS A Tax Schedule:

​Amount over Exemption Amount of Tax​
​$25,000 or less ​1%
​$25,000 to $50,000 ​2% over the first $25,000 plus $250.00
​$50,000 to $200,000 ​3% over the first $50,000 plus $750.00
​$200,000 to $300,000 ​4% over the first $200,000 plus $5,250.00
​$300,000 to $500,000 ​5% over the first $300,000 plus $9,250.00
​$500,000 to $700,000 ​6% over the first $500,000 plus $19,250.00
​$700,000 to $ 1 million ​7% over the first $700,000 plus $31,250.00
​$1 million to $1.5 million ​8% over the first $1 million plus $52,250.00
​Over $1.5 million ​10% over the first $1,500,000 plus $92,250.00
 

CLASS B Tax Schedule:

Amount over Exemption ​Amount of Tax
$100,000 or less 7% of net taxable value
$100,000 to $500,000 $7,000 plus 10% over the first $100,000
$500,000 to $1 million $47,000 plus 12% over the first $500,000
Over $1 million $107,000 plus 15% over the first million

 

Class C Tax Schedule:

​Amount over Exemption ​Amount of Tax
$100,000 or less 10% of net taxable value
$100,000 or $1 million $10,000 plus 15% over the first $100,000
Over $1 million

$145,000 plus 20% over the first million

 

Credit towards Inheritance Tax:

 
Starting with a date of death 1/1/13, there will be an increasing percentage credit towards Indiana Inheritance Tax (until it is eliminated for estates with a date of death after 12/31/21).  The credit is as follows:
 
  • 2013 – 10%
  • 2014 – 20%
  • 2015 – 30%
  • 2016 – 40%
  • 2017 – 50%
  • 2018 – 60%
  • 2019 – 70%
  • 2020 – 80%
  • 2021 – 90%

For an Individual who dies after 12/31/2021, there is no Indiana Inheritance tax imposed on the decedent's transfer of property interests.