Instructions For Form Ih-12 - Indiana Inheritance Tax Page 2
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6Property Subject to Taxation
Surviving spouse and charitable organizations are 100% exempt.
Class A
1.
Indiana’s inheritance tax is imposed on transfers of real property
Parents, children, grandparents, grandchildren, and other
and tangible personal property that is located within Indiana when
lineal ancestors and lineal descendants and persons legally
the decedent/owner is not domiciled in Indiana. The transfer of
adopted before emancipation ...................................... $100,000
intangible property interests is not subject to tax for non-residents.
*for deaths after June 30, 2004, stepchildren are Class A
*for adoptions completed before July 1, 2004, adopted
Who Must File
persons adopted after emancipation are Class A
The personal representative of the estate of an non-resident must file
Class B
2.
the Indiana Inheritance Tax Return for a Non-Resident Decedent
Brothers, sisters, lineal descendants of brothers or sisters,
(Form IH-12). If there is no personal representative, one of the
daughters-in-law, and sons-in-law .............................. $500
following must file: an heir, a trustee, a joint owner, or another
Class C
3.
transferee. No filing is required if the total fair market value of the
4.
Anyone not listed above including but not limited to aunts,
property interests transferred by the decedent to each transferee
uncles, cousins, friends, nieces, and nephews by
under a taxable transfer(s) is less than the exemption provided to
marriage .......................................................................... $100
each transferee. Only one return should be filed per decedent.
For dates of death after December 31, 2011, the following classes
When to Use This Form
and exemptions apply:
Use this form only if the decedent was a not a resident of Indiana at
1.
Surviving spouse and charitable organizations are 100%
the time of death. For a resident decedent, use Form IH-6 found at
exempt.
or contact the Department of Revenue,
Class A
2.
Inheritance Tax, Indiana Government Center North, 100 North
Parents, children, stepchildren, spouse, widow, or widower
Senate Ave., Room N248, Mail Stop #102, Indianapolis, Indiana,
of a child or stepchild (sons-in-law or daughters-in-law),
46204 or call (317) 232-2154 for a copy of Form IH-6.
grandparents, grandchildren, and other lineal ancestors
and lineal descendants and children adopted prior to
When to File This Form
emancipation .................................................................. $250,000
This form must be filed within 9 months of the date of death. If the
3.
Class B
IRS allows an extension to file a federal estate tax return (Form 706),
Brothers, sisters, and lineal descendants of brothers or sisters
the corresponding due date for filing Form IH-12 is automatically
(blood nieces and nephews) ......................................... $500
extended for the same period of time. However, an extension will
Class C
4.
not stop the accrual of interest for late payment of the tax.
Anyone not listed above including but not limited to aunts,
uncles, cousins, friends, nieces, and nephews by
Where to File This Form
marriage .......................................................................... $100
Form IH-12 must be filed with the Department of Revenue,
Inheritance Tax, Indiana Government Center North, 100 North
The inheritance tax rates for each class are:
Senate Ave., Room N248, Mail Stop #102, Indianapolis, Indiana,
46204. Do not file Form IH-12 with an Indiana court having
Class A
probate jurisdiction.
Net Taxable Value Of
Inheritance Tax
Property Interests
Payment
Transferred
The non-resident inheritance tax must be paid to the Indiana
Department of Revenue, Inheritance Tax, Indiana Government
$25,000 or less
1% of net taxable value
Center North, 100 North Senate Ave., Room N248, Mail Stop #102,
Over $25,000 but not over
$250, plus 2% of net taxable
Indianapolis, Indiana, 46204. Payments made within 9 months of
$50,000
value over $25,000
decedent’s date of death receive a 5% discount. Payments made
Over $50,000 but not over
$750, plus 3% of net taxable
more than one year after the date of death accrue interest at 10%
$200,000
value over $50,000
per year from the date of death until the date of the payment. If
Over $200,000 but not over
$5,250, plus 4% of net taxable
the Department of Revenue determines that, due to an unavoidable
$300,000
value over $200,000
delay, the tax cannot be determined within 12 months, the
Department may reduce the interest rate to 6%.
Over $300,000 but not over
$9,250, plus 5% of net taxable
$500,000
value over $300,000
Transferee Classes, Exemptions, and Tax Rates
Over $500,000 but not over
$19,250, plus 6% of net taxable
Indiana’s inheritance tax is imposed on the transfer of ownership
$700,000
value over $500,000
interests of a decedent. The tax is based upon the value of ownership
Over $700,000 but not over
$31,250, plus 7% of net taxable
interests transferred to each transferee and the relationship of the
$1,000,000
value over $700,000
transferee to the decedent. The three classes of transferees have
Over $1,000,000 but not over
$52,250 plus 8% of net taxable
different exemption amounts and graduated tax rates for each class.
$1,500,000
value over $1,000,000
For dates of death after July 1, 1997, but before January 1, 2012, the
Over $1,500,000
$92,250 plus 10% of net
following classes and exemptions apply:
taxable value over $1,500,000
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