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Thursday, October 31, 2024

California ranks 20th in the U.S. for the most death and gift taxes paid in 2021

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In 2021, California collected $77 thousand in death and gift taxes, ranking it 20th in the United States, according to the U.S. Census Bureau's Annual Survey of State Government Tax Collections (STC).

The STC survey includes five broad tax categories and up to 25 subcategories. Data is gathered from all 50 state governments and all dependent state-level entities.

The Census Bureau cautions it sets the tax classifications among the survey categories, and they may differ from the classifications set by the state governments.

Below is a breakdown of how taxes were classified by the bureau and how much was collected.

U.S. death and gift taxes by State in 2021
RankStateAmount
1New York$1,537,437,000
2Pennsylvania$1,302,914,000
3Massachusetts$787,764,000
4New Jersey$530,341,000
5Illinois$478,611,000
6Oregon$410,270,000
7Washington$324,421,000
8Connecticut$285,779,000
9Maryland$240,585,000
10Minnesota$204,646,000
11Iowa$100,141,000
12Kentucky$61,625,000
13Maine$40,399,000
14Rhode Island$38,141,000
15District of Columbia$31,742,000
16Hawaii$31,275,000
17Vermont$26,924,000
18Tennessee$1,434,000
19Indiana$289,000
20California$77,000
21Ohio$62,000
22North Carolina$35,000
23Oklahoma$5,000
24Missouri$3,000
25Delaware$2,000
26Wisconsin$1,000
Source: U.S. Census Bureau

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