{"data":{"id":"us-nj/n.j.-stat.-54-34-2","jurisdiction":"us-nj","citation":"N.J. Stat. § 54:34-2","heading":"Transfer inheritance tax; phase-out.","body":"a. (1) The transfer of property to a husband or wife, or a domestic partner as defined in section 3 of P.L.2003, c.246 (C.26:8A-3), of a decedent shall be taxed at the following rates:\nFor transfers made through December 31, 1984:\nOn any amount in excess of $15,000.00, up to $50,000.00 .........    2%\nOn any amount in excess of $50,000.00, up to $100,000.00 ........   3%\nOn any amount in excess of $100,000.00, up to $150,000.00 .......  4 %\nOn any amount in excess of $150,000.00, up to $200,000.00 .......  5%\nOn any amount in excess of $200,000.00, up to $300,000.00 .......  6%\nOn any amount in excess of $300,000.00, up to $500,000.00 .......  7%\nOn any amount in excess of $500,000.00, up to $700,000.00 .......  8%\nOn any amount in excess of $700,000.00, up to $900,000.00 .......  9%\nOn any amount in excess of $900,000.00, up to $1,100,000.00 ... 10%\nOn any amount in excess of $1,100,000.00, up to $1,400,000.00 ..11%\nOn any amount in excess of $1,400,000.00, up to $1,700,000.00 ..12%\nOn any amount in excess of $1,700,000.00, up to $2,200,000.00 ..13%\nOn any amount in excess of $2,200,000.00, up to $2,700,000.00 ...14%\nOn any amount in excess of $2,700,000.00, up to $3,200,000.00 ..15%\nOn any amount in excess of $3,200,000.00 ..............................    16%\nFor transfers made on or after January 1, 1985 there shall be no tax imposed under this paragraph.\n(2)\tThe transfer of property to a father, mother, grandparent, child or children of a decedent, or to any child or children adopted by the decedent in conformity with the laws of this State, or of any of the United States or of a foreign country, or the issue of any child or legally adopted child of a decedent, shall be taxed at the following rates:\nFor transfers through June 30, 1985:\nOn any amount in excess of $15,000.00, up to $50,000.00 ........  2%\nOn any amount in excess of $50,000.00, up to $100,000.00 .......   3%\nOn any amount in excess of $100,000.00, up to $150,000.00 ......   4%\nOn any amount in excess of $150,000.00, up to $200,000.00 ......   5%\nOn any amount in excess of $200,000.00, up to $300,000.00 ......   6%\nOn any amount in excess of $300,000.00, up to $500,000.00 ......   7%\nOn any amount in excess of $500,000.00, up to $700,000.00 ......   8%\nOn any amount in excess of $700,000.00, up to $900,000.00 ......   9%\nOn any amount in excess of $900,000.00, up to $1,100,000.00 ... 10%\nOn any amount in excess of $1,100,000.00, up to $1,400,000.00 . 11%\nOn any amount in excess of $1,400,000.00, up to $1,700,000.00 . 12%\nOn any amount in excess of $1,700,000.00, up to $2,200,000.00 ..13%\nOn any amount in excess of $2,200,000.00, up to $2,700,000.00 ..14%\nOn any amount in excess of $2,700,000.00, up to $3,200,000.00 ..15%\nOn any amount in excess of $3,200,000.00 .............................. 16%\nFor transfers made from July 1, 1985 through June 30, 1986:\nOn any amount in excess of $50,000.00, up to $100,000.00 .......       3%\nOn any amount in excess of $100,000.00, up to $150,000.00 ......   4%\nOn any amount in excess of $150,000.00, up to $200,000.00 ......   5%\nOn any amount in excess of $200,000.00, up to $300,000.00 ......   6%\nOn any amount in excess of $300,000.00, up to $500,000.00 ......   7%\nOn any amount in excess of $500,000.00, up to $700,000.00 ......   8%\nOn any amount in excess of $700,000.00, up to $900,000.00 ......   9%\nOn any amount in excess of $900,000.00, up to $1,100,000.00 ....10%\nOn any amount in excess of $1,100,000.00, up to $1,400,000.00 ..11%\nOn any amount in excess of $1,400,000.00, up to $1,700,000.00 ..12%\nOn any amount in excess of $1,700,000.00, up to $2,200,000.00 ..13%\nOn any amount in excess of $2,200,000.00, up to $2,700,000.00 ..14%\nOn any amount in excess of $2,700,000.00, up to $3,200,000.00 ..15%\nOn any amount in excess of $3,200,000.00 .............................  16%\nFor transfers made from July 1, 1986 through June 30, 1987:\nOn any amount in excess of $150,000.00, up to $200,000.00 ......       5%\nOn any amount in excess of $200,000.00, up to $300,000.00 ......   6%\nOn any amount in excess of $300,000.00, up to $500,000.00 ......   7%\nOn any amount in excess of $500,000.00, up to $700,000.00 ......   8%\nOn any amount in excess of $700,000.00, up to $900,000.00 ......   9%\nOn any amount in excess of $900,000.00, up to $1,100,000.00 ... 10%\nOn any amount in excess of $1,100,000.00, up to $1,400,000.00 . 11%\nOn any amount in excess of $1,400,000.00, up to $1,700,000.00 ..12%\nOn any amount in excess of $1,700,000.00, up to $2,200,000.00 ..13%\nOn any amount in excess of $2,200,000.00, up to $2,700,000.00 ..14%\nOn any amount in excess of $2,700,000.00, up to $3,200,000.00 ..15%\nOn any amount in excess of $3,200,000.00 .............................. 16%\nFor transfers made from July 1, 1987 through June 30, 1988:\nOn any amount in excess of $250,000.00, up to $300,000.00 ............  6%\nOn any amount in excess of $300,000.00, up to $500,000.00 ......  7%\nOn any amount in excess of $500,000.00, up to $700,000.00 ......  8%\nOn any amount in excess of $700,000.00, up to $900,000.00 ......  9%\nOn any amount in excess of $900,000.00, up to $1,100,000.00 ... 10%\nOn any amount in excess of $1,100,000.00, up to $1,400,000.00 . 11%\nOn any amount in excess of $1,400,000.00, up to $1,700,000.00 . 12%\nOn any amount in excess of $1,700,000.00, up to $2,200,000.00 ..13%\nOn any amount in excess of $2,200,000.00, up to $2,700,000.00 ..14%\nOn any amount in excess of $2,700,000.00, up to $3,200,000.00 ..15%\nOn any amount in excess of $3,200,000.00 .............................. 16%\nFor transfers made on or after July 1, 1988 there shall be no tax imposed under this subsection.\nb.\t(Deleted by amendment.)\nc.\tThe transfer of property to a brother or sister of a decedent, wife or widow of a son of a decedent, or husband or widower of a daughter of a decedent shall be taxed at the following rates:\n(1)\tFor transfers through June 30, 1988:\nOn any amount up to $1,100,000.00 ......................................... 11%\nOn any amount in excess of $1,100,000.00, up to $1,400,000.00 ..13%\nOn any amount in excess of $1,400,000.00, up to $1,700,000.00 ..14%\nOn any amount in excess of $1,700,000.00 ..............................16%\n(2)\tFor transfers made on or after July 1, 1988:\nOn any amount in excess of $25,000.00, up to $1,100,000.00 .... .11%\nOn any amount in excess of $1,100,000.00, up to $1,400,000.00 ..13%\nOn any amount in excess of $1,400,000.00, up to $1,700,000.00 ..14%\nOn any amount in excess of $1,700,000.00 .........................      16%\nd.\tThe transfer of property to every other transferee, distributee or beneficiary not hereinbefore classified shall be taxed at the following rates:\nOn any amount up to $700,000.00 ............................................. 15%\nOn any amount in excess of $700,000.00 .................................. 16%\nFor every purpose of this subtitle all persons, including the decedent, shall be deemed to have been born in lawful wedlock and this provision shall apply to the estate of every decedent whether said decedent died before March 25, 1935, or shall die thereafter, but it shall not entitle any person to a refund of any tax paid before the aforementioned date.\nAmended 1962, c.15, s.1; 1962, c.61, s.1; 1977, c.219, s.1; 1985, c.57, s.1; 2003, c.246, s.37.","path":["TITLE 54 TAXATION"],"source_url":"https://pub.njleg.state.nj.us/statutes/STATUTES-TEXT.zip","current_through":"P.L.2025, c.405, and J.R.22","vintage":"","retrieved_at":"2026-08-27T17:54:13Z","sha256":"5e19985cbe0e048431975f122eacde2f5e276bf1e904b1e89389aea152eb94d8","source_id":"us-nj","stale":true,"prev":"us-nj/n.j.-stat.-54-34-1.1","next":"us-nj/n.j.-stat.-54-34-2.1"},"notice":"GroundRules: Original legal text. Not legal advice."}