Inheritance Tax 2024 Nj. Input the estate value and beneficiary relationships to get an instant estimate of your inheritance tax liability. This article explains in depth how the inheritance tax may affect you.

Six states assess an alternative tax on bequests, known as the inheritance tax. The new jersey estate tax is calculated on estates which have a taxable estate that exceeds $2 million as determined by the provisions of the internal revenue code in effect on january 1,.