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Tax rates

Current Tax & Exemption
Rates (2026)

Annual Gift Tax Exclusion

$19,000 per recipient per year

Lifetime Gift/Estate Tax Exemption

$15,000,000 per spouse

Maximum Federal Estate Tax Rate

40% on the remaining taxable estate

State Estate Tax

Some states impose an estate tax up to 35%.

Maximum Federal Capital Gain Tax Rate

20% on assets held more than 1 year

State Capital Gains Tax

Some states impose a capital gains tax up to 13.3%.

Stocks & Bonds

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Financial & Legislative News

Giving
TFG Informal Application 2026

[pdf

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