{"data":{"id":"us-in/ic-6-4.1-5-1","jurisdiction":"us-in","citation":"IC 6-4.1-5-1","heading":"Tax rates; transfers to Classes A, B, and C transferees","body":"Sec. 1. (a) For purposes of this section, the net taxable value of property interests transferred by a decedent to a particular transferee equals the remainder of:\n(1) the total fair market value of the property interests transferred by the decedent to the transferee under a taxable transfer or transfers; minus\n(2) the total amount of exemptions and deductions provided under sections 9.1 through 15 of IC 6-4.1-3 (before its repeal) with respect to the property interests so transferred.\n(b) The inheritance tax imposed on a decedent's transfer of property interests to a particular Class A transferee is prescribed in the following table:\n | NET TAXABLE VALUE OF PROPERTY INTERESTS TRANSFERRED | INHERITANCE TAX\n | $25,000 or less | 1% of net taxable value\n | over $25,000 but not |\n |  | over $50,000 | $250, plus 2% of net\n |  |  | taxable value over $25,000\n | over $50,000 but not |\n |  | over $200,000 | $750, plus 3% of net taxable value over $50,000\n | over $200,000 but not |\n |  | over $300,000 | $5,250, plus 4% of net taxable value over $200,000\n | over $300,000 but not |\n |  | over $500,000 | $9,250, plus 5% of net taxable value over $300,000\n | over $500,000 but not |\n |  | over $700,000 | $19,250, plus 6% of net taxable value over $500,000\n | over $700,000 but not |\n |  | over $1,000,000 | $31,250, plus 7% of net taxable value over $700,000\n | over $1,000,000 but not |\n |  | over $1,500,000 | $52,250, plus 8% of net taxable value over $1,000,000\n | over $1,500,000 | $92,250, plus 10% of net taxable value over $1,500,000\n(c) The inheritance tax imposed on a decedent's transfer of property interests to a particular Class B transferee is prescribed in the following table:\n | NET TAXABLE VALUE OF PROPERTY INTERESTS TRANSFERRED | INHERITANCE TAX\n | $100,000 or less | 7% of net taxable value\n | over $100,000 but not |\n |  | over $500,000 | $7,000, plus 10% of net taxable value over $100,000\n | over $500,000 but not |\n |  | over $1,000,000 | $47,000, plus 12% of net taxable value over $500,000\n | over $1,000,000 | $107,000, plus 15% of net taxable value over $1,000,000\n(d) The inheritance tax imposed on a decedent's transfer of property interests to a particular Class C transferee is prescribed in the following table:\n | NET TAXABLE VALUE OF PROPERTY INTERESTS TRANSFERRED | INHERITANCE TAX |\n | $100,000 or less | 10% of net taxable value\n | over $100,000 but not |\n |  | over $1,000,000 | $10,000, plus 15% of net taxable value over $100,000\n | over $1,000,000 | $145,000, plus 20% of net taxable value over $1,000,000","path":["TITLE 6. TAXATION","ARTICLE 4.1. DEATH TAXES","Chapter 5. Determination of Inheritance Tax"],"source_url":"https://iga.in.gov/ic/2026/Title_6.html#6-4.1-5-1","current_through":"2026","vintage":"2026","retrieved_at":"2026-09-09T01:51:39Z","sha256":"6747628469af2ce6b3d3dc9ec246a3918644081c8f9db1aed46325fa234bdc90","source_id":"us-in","stale":false,"prev":"us-in/ic-6-4.1-5-0.5","next":"us-in/ic-6-4.1-5-1.1"},"notice":"GroundRules: Original legal text. Not legal advice."}