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Inheritance Tax

Forms and Other Information

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Effective November 4, 2013, you will be able to use our online services to obtain an Inheritance Tax Consent to Transfer (formerly known as an Inheritance Tax Release). To apply, click here.  Within 7 to 10 business days, the department will review the application and either approve or deny it.  If the application is approved and consent is given, the applicant will receive an email directing him to print a copy of the consent for his records. If the application is denied and consent is not given, the applicant will be contacted by email or by phone.  If you cannot apply online or need help applying online, please call (615) 532-6444 for further instructions.

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Public Chapter 1057 changes the threshold exemption amounts for Tennessee’s state inheritance tax for tax year 2013 and future years. Click here for more information.

Taxes at a Glance

Inheritance and estate taxes are imposed on decedents' estates that exceed the maximum single exemption. Inheritance tax is due on the net estate as defined in Tennessee Code Annotated. Estate tax is based on the difference between the inheritance tax and the "state death tax credit" allowed on the federal estate tax return.

Exemptions

Date of Death Amount
1999 $650,000
2000 & 2001 $675,000
2002 & 2003 $700,000
2004 $850,000
2005 $950,000
2006 - 2012 $1,000,000
2013 $1,250,000
2014 $2,000,000
2015 $5,000,000
2016 - no tax for decedents dying in 2016 and thereafter

Due Date:

Nine months after death of the decedent
Extension - An extension of up to one year is granted provided one of the following is attached to the return filed on or before the extended due date:

  • Tennessee INH304 Application for Extension of Time to File Inheritance Tax Return.
  • Federal form 4768 Application for Extension of Time to File a Return and/or Pay U.S. Estate Tax.

Tax Rate:

Note the statutory exemptions listed above. Anything over the exemptions are taxed at the following rates:

First $40,000 5.5%
Next $40,000 - $240,000 6.5%
Next $240,000 - $440,000 7.5%
$440,000 and over 9.5%

For more information, please call (615) 532-6438

Click here for mailing address and other contact information.