MA risk area

Tax exposure in Massachusetts

State estate or inheritance tax rules and how they interact with federal thresholds.

Massachusetts imposes an estate tax for estates above a $2 million threshold; it does not levy an inheritance tax.

Does the state impose an estate or inheritance tax?Who is exempt or receives preferential treatment?How does federal tax interact with state rules?

At a glance

Key takeaways

  • For decedents dying in 2023 or later, estates valued at $2,000,000 or less are not subject to Massachusetts estate tax.
  • The estate tax is based on the federal taxable estate.
  • Massachusetts does not impose an inheritance tax.
  • State estate tax thresholds are separate from the federal exemption and can be lower; confirm current exclusion and filing requirements.

Questions to consider

Questions this risk area helps you evaluate in Massachusetts

  • Does the state impose an estate or inheritance tax?
  • Who is exempt or receives preferential treatment?
  • How does federal tax interact with state rules?

State overview

Massachusetts imposes an estate tax for estates above a $2 million threshold; it does not levy an inheritance tax.

  • For decedents dying in 2023 or later, estates valued at $2,000,000 or less are not subject to Massachusetts estate tax.
  • The estate tax is based on the federal taxable estate.
  • Massachusetts does not impose an inheritance tax.
  • State estate tax thresholds are separate from the federal exemption and can be lower; confirm current exclusion and filing requirements.

Sources

Risk sources

National sources provide baseline context; state statutes and court rules control in Massachusetts.