{
    "dataset_id": "2026-pa-nj-ny-ma-inheritance-estate-taxes",
    "title": "2026 Pennsylvania, New Jersey, New York ($7.16M Cliff) & Massachusetts ($2M) Inheritance & Estate Tax Dataset",
    "description": "Complete 2026 beneficiary class rates, exemptions, cliff phase-out zones, and filing deadlines for PA, NJ, NY, MA, and Federal estate/inheritance taxes.",
    "publisher": "East Corp Capital (https://eastcorpcapital.com/)",
    "authors": [
        {
            "name": "Pablo Cirre Gómez",
            "role": "Editor-in-Chief & Director of Quantitative Economic Research",
            "url": "https://eastcorpcapital.com/author/pablo-cirre-gomez/"
        },
        {
            "name": "Enrique Zarza, Esq.",
            "role": "Senior Legal & Regulatory Counsel (ICAM Bar No. 68.400)",
            "url": "https://eastcorpcapital.com/author/enrique-zarza/"
        }
    ],
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "updated_at": "2026-10-25",
    "record_count": 10,
    "records": [
        {
            "State": "Pennsylvania",
            "Tax_Regime": "Inheritance Tax",
            "Beneficiary_Class_Or_Threshold": "Surviving Spouse & Minor Child (≤21)",
            "2026_Statutory_Rate": "0.00%",
            "Key_Exemption_Or_Discount": "100% Exempt",
            "Governing_Statute_And_Form": "72 P.S. § 9116(a)(1.1) · Form REV-1500"
        },
        {
            "State": "Pennsylvania",
            "Tax_Regime": "Inheritance Tax",
            "Beneficiary_Class_Or_Threshold": "Lineal Heirs (Adult Children, Grandchildren, Parents)",
            "2026_Statutory_Rate": "4.50%",
            "Key_Exemption_Or_Discount": "5.0% discount if paid within 90 days (4.275% eff.)",
            "Governing_Statute_And_Form": "72 P.S. § 9116(a)(1) & § 9142"
        },
        {
            "State": "Pennsylvania",
            "Tax_Regime": "Inheritance Tax",
            "Beneficiary_Class_Or_Threshold": "Siblings (Brothers & Sisters)",
            "2026_Statutory_Rate": "12.00%",
            "Key_Exemption_Or_Discount": "5.0% discount if paid within 90 days (11.40% eff.)",
            "Governing_Statute_And_Form": "72 P.S. § 9116(a)(1.2)"
        },
        {
            "State": "Pennsylvania",
            "Tax_Regime": "Inheritance Tax",
            "Beneficiary_Class_Or_Threshold": "Collateral Heirs (Nieces, Nephews, Friends, Partners)",
            "2026_Statutory_Rate": "15.00%",
            "Key_Exemption_Or_Discount": "Life insurance to named beneficiary is 0% exempt",
            "Governing_Statute_And_Form": "72 P.S. § 9116(a)(2) & § 9111(d)"
        },
        {
            "State": "New Jersey",
            "Tax_Regime": "Transfer Inheritance Tax",
            "Beneficiary_Class_Or_Threshold": "Class A (Spouse, Children, Grandchildren, Parents)",
            "2026_Statutory_Rate": "0.00%",
            "Key_Exemption_Or_Discount": "100% Exempt (NJ Estate Tax repealed 2018)",
            "Governing_Statute_And_Form": "N.J.S.A. 54:34-2(a) · Form IT-R"
        },
        {
            "State": "New Jersey",
            "Tax_Regime": "Transfer Inheritance Tax",
            "Beneficiary_Class_Or_Threshold": "Class C (Siblings, Son-/Daughter-in-Law)",
            "2026_Statutory_Rate": "11.0% to 16.0%",
            "Key_Exemption_Or_Discount": "First $25,000 exempt; 11% up to $1.1M",
            "Governing_Statute_And_Form": "N.J.S.A. 54:34-2(c)"
        },
        {
            "State": "New Jersey",
            "Tax_Regime": "Transfer Inheritance Tax",
            "Beneficiary_Class_Or_Threshold": "Class D (Nieces, Nephews, Unmarried Partners, Friends)",
            "2026_Statutory_Rate": "15.0% to 16.0%",
            "Key_Exemption_Or_Discount": "15% up to $700,000; 16% above $700,000",
            "Governing_Statute_And_Form": "N.J.S.A. 54:34-2(d)"
        },
        {
            "State": "New York",
            "Tax_Regime": "Estate Tax (Cliff Regime)",
            "Beneficiary_Class_Or_Threshold": "Basic Exclusion Amount: $7,160,000",
            "2026_Statutory_Rate": "3.06% to 16.00%",
            "Key_Exemption_Or_Discount": "100%–105% ($7.16M–$7.518M) >100% Cliff; Santa Clause eligible",
            "Governing_Statute_And_Form": "N.Y. Tax Law § 952(c) · Form ET-706"
        },
        {
            "State": "Massachusetts",
            "Tax_Regime": "Estate Tax",
            "Beneficiary_Class_Or_Threshold": "Uniform Credit Exemption: $2,000,000",
            "2026_Statutory_Rate": "7.20% to 16.00% Marginal",
            "Key_Exemption_Or_Discount": "$99,600 uniform credit eliminates pre-2023 cliff",
            "Governing_Statute_And_Form": "M.G.L. c. 65C, § 2A · Form M-706"
        },
        {
            "State": "Federal (IRS)",
            "Tax_Regime": "Estate & Gift Tax",
            "Beneficiary_Class_Or_Threshold": "2026 Basic Exclusion: $13,990,000 ($27.98M Married)",
            "2026_Statutory_Rate": "40.00% Top Rate",
            "Key_Exemption_Or_Discount": "Full spousal portability via timely Form 706 DSUE election",
            "Governing_Statute_And_Form": "IRC § 2001 & § 2010 · Form 706"
        }
    ]
}