Federal Estate and Gift taxes individuals dying and gifts made in 2008 and 2009
Amount subject to tentative tax
Exceeding:	But not exceeding:	The tax is:			Of the excess over:
$0	$10,000			18%	$0
$10,000	$20,000	$1,800.00	+	20%	$10,000
$20,000	$40,000	$3,800.00	+	22%	$20,000
$40,000	$60,000	$8,200.00	+	24%	$40,000
$60,000	$80,000	$13,000.00	+	26%	$60,000
$80,000	$100,000	$18,200.00	+	28%	$80,000
$100,000	$150,000	$23,800.00	+	30%	$100,000
$150,000	$250,000	$38,800.00	+	32%	$150,000
$250,000	$500,000	$70,800.00	+	34%	$250,000
$500,000	$750,000	$155,800.00	+	37%	$500,000
$750,000	$1,000,000	$248,300.00	+	39%	$750,000
$1,000,000	$1,250,000	$345,800.00	+	41%	$1,000,000
$1,250,000	$1,500,000	$448,300.00	+	43%	$1,250,000
$1,500,000		$555,800.00		45%	$1,500,000
Estate Tax Lifetime Credit for 2008 is $780,800
This exempts estates up to $2 million from estate tax.
Estate Tax Lifetime Credit for 2009 is $1,455,800
This exempts estates up to $3.5 million from estate tax.
The Gift Tax Lifetime Credit for 2008 and 2009 is $345,800.
This exempts lifetime gifts of up to $1 million from gift tax.
2008 Annual gift tax exclusion (per donor, per donee):				$12,000
2009 Annual gift tax exclusion (per donor, per donee):				$13,000