How Much Is Inheritance Tax 2024 In Arizona. For people who pass away in 2023, the federal estate tax exemption amount is $12.92 million. Depending on where the person who died lived, how much the assets are worth and how close you were to the deceased person, you may have to pay an inheritance tax.
The federal estate tax exemption is quite high. While there is no arizona inheritance tax, you may or may not be exempt from an inheritance tax based on federal law.
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