Form Et-115.1 - New York State Estate Tax Report Of Federal Audit Changes Page 4
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4Page 4 of 4 ET-115.1 (11/12)
Table A — Unified rate schedule
If the taxable amount is:
over
but not over
the tax is
$
0
$
10,000
18%
of taxable amount
10,000
20,000
$
1,800
plus
20%
of amount over
$
10,000
20,000
40,000
3,800
plus
22%
of amount over
20,000
40,000
60,000
8,200
plus
24%
of amount over
40,000
60,000
80,000
13,000
plus
26%
of amount over
60,000
80,000
100,000
18,200
plus
28%
of amount over
80,000
100,000
150,000
23,800
plus
30%
of amount over
100,000
150,000
250,000
38,800
plus
32%
of amount over
150,000
250,000
500,000
70,800
plus
34%
of amount over
250,000
500,000
750,000
155,800
plus
37%
of amount over
500,000
750,000
1,000,000
248,300
plus
39%
of amount over
750,000
1,000,000
1,250,000
345,800
plus
41%
of amount over
1,000,000
1,250,000
1,500,000
448,300
plus
43%
of amount over
1,250,000
1,500,000
2,000,000
555,800
plus
45%
of amount over
1,500,000
2,000,000
2,500,000
780,800
plus
49%
of amount over
2,000,000
2,500,000
3,000,000
1,025,800
plus
53%
of amount over
2,500,000
3,000,000
10,000,000
1,290,800
plus
55%
of amount over
3,000,000
10,000,000
17,184,000
5,140,800
plus
60%
of amount over
10,000,000
17,184,000
---------------
9,451,200
plus
55%
of amount over
17,184,000
Table B worksheet
Table B — Computation of maximum NYS credit for state death taxes
(based on federal adjusted taxable estate for NYS computed using the Table B worksheet)
Adjusted taxable estate
for New York State
If the amount from Table B
worksheet, line 3 is:
1. Taxable estate
over
but not over
the credit is
for NYS
(from
Sch. A, line 26, or
$
40,000
$
90,000
0.8%
of amount over
$
40,000
... 1.
Sch. B, line 43)
90,000
140,000
$
400
plus
1.6%
of amount over
90,000
60,000
2. Adjustment ....... 2.
140,000
240,000
1,200
plus
2.4%
of amount over
140,000
3. Adjusted taxable
240,000
440,000
3,600
plus
3.2%
of amount over
240,000
estate for NYS
440,000
640,000
10,000
plus
4.0%
of amount over
440,000
(subtract line 2
......... 3.
from line 1)
640,000
840,000
18,000
plus
4.8%
of amount over
640,000
840,000
1,040,000
27,600
plus
5.6%
of amount over
840,000
Use this amount to compute maximum
credit for state death taxes in Table B.
1,040,000
1,540,000
38,800
plus
6.4%
of amount over
1,040,000
1,540,000
2,040,000
70,800
plus
7.2%
of amount over
1,540,000
2,040,000
2,540,000
106,800
plus
8.0%
of amount over
2,040,000
2,540,000
3,040,000
146,800
plus
8.8%
of amount over
2,540,000
3,040,000
3,540,000
190,800
plus
9.6%
of amount over
3,040,000
3,540,000
4,040,000
238,800
plus
10.4%
of amount over
3,540,000
4,040,000
5,040,000
290,800
plus
11.2%
of amount over
4,040,000
5,040,000
6,040,000
402,800
plus
12.0%
of amount over
5,040,000
6,040,000
7,040,000
522,800
plus
12.8%
of amount over
6,040,000
7,040,000
8,040,000
650,800
plus
13.6%
of amount over
7,040,000
8,040,000
9,040,000
786,800
plus
14.4%
of amount over
8,040,000
9,040,000
10,040,000
930,800
plus
15.2%
of amount over
9,040,000
10,040,000
---------------
1,082,800
plus
16.0%
of amount over
10,040,000
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