What Is The Inheritance Tax Threshold In 2024 Maharashtra. Because these taxes vary by state, location plays a key role in how much an. Several states have their own estate taxes with lower thresholds, while six have inheritance taxes.

Inheritance tax is a levy applied to the estate of someone who has died, but only around 4 per cent of families end up paying it, as most estates fall below the tax threshold. Cpd inheritance tax sep 20.