How Much Is the Inheritance Tax on a House Worth $100,000?

How Much Is the Inheritance Tax on a House Worth $100,000?

To determine the amount of inheritance tax to be levied on a house worth $100,000, it is necessary to know the house's location and the relationship between the deceased person and heir. As of 2015, six states levy inheritance taxes, with higher rates for more distant relations, states Tax Foundation.

As of 2015, the six states that levy an inheritance tax are Iowa, Kentucky, Maryland, Nebraska, New Jersey and Pennsylvania, according to Tax Foundation. In all those states, inheritance taxes are waived if the heir is a surviving spouse, registered domestic partner or civil union partner. Additional exemptions and tax rates differ from state to state, states Nolo.com.