Estate Tax Returns Filed in 2003 [1],
by Tax Status and Size of Gross Estate
[All figures are estimates based on a sample--money amounts
are in thousands of dollars.]
Type of property
Gross estate for tax
purposes [2] Personal residence Other real estate [3] Real estate partnerships Closely held stock Publicly traded stock
Tax status and size of gross estate
Number Amount Number Amount Number Amount Number Amount Number Amount Number Amount
(1) (2) (3) (4) (5) (6) (7) (8) (9) (10) (11) (12)
All Returns 73,128 200,267,169 47,919 17,682,121 42,079 22,853,614 2,720 2,574,671 10,069 10,587,174 58,330 52,890,376
Under $1.0 million 7,086 5,741,428 4,086 869,823 3,784 967,876 188 13,105 566 101,432 4,872 981,172
$1.0 million < $1.5 million 29,703 36,118,080 18,828 4,920,622 16,279 5,219,760 560 169,028 2,817 637,628 23,052 6,714,627
$1.5 million < $2.0 million 13,327 22,965,618 9,190 2,965,176 7,683 3,310,011 389 82,129 1,589 568,797 10,649 4,557,315
$2.0 million < $3.5 million 13,136 33,813,899 8,908 3,520,623 7,724 4,099,453 625 339,303 2,346 1,227,091 10,908 7,878,874
$3.5 million < $5.0 million 4,130 17,060,275 2,786 1,501,060 2,597 2,019,443 234 145,835 853 720,777 3,664 4,435,754
$5.0 million < $10.0 million 3,732 25,285,191 2,611 1,925,379 2,502 2,891,065 356 298,723 1,048 1,382,319 3,346 6,960,289
$10.0 million < $20.0 million 1,293 17,645,262 963 1,033,306 945 1,794,826 217 367,158 485 1,381,499 1,171 5,240,181
$20.0 million or more 720 41,637,416 547 946,132 567 2,551,180 150 1,159,390 365 4,567,631 668 16,122,163
All Taxable Returns 33,302 112,048,753 20,154 8,373,231 18,614 10,920,566 1,124 1,434,038 3,717 5,353,693 27,186 34,782,457
Under $1.0 million 2,676 2,207,290 1,315 324,795 1,474 384,248 * 84 * 7,626 240 30,707 1,826 391,603
$1.0 million < $1.5 million 11,457 14,512,341 6,754 1,906,850 5,846 1,859,666 185 81,590 759 137,910 9,002 2,905,350
$1.5 million < $2.0 million 6,764 11,657,218 4,205 1,430,276 3,798 1,587,512 145 27,225 439 110,670 5,518 2,541,490
$2.0 million < $3.5 million 6,716 17,338,223 4,143 1,662,291 3,830 1,974,668 274 170,292 953 469,748 5,685 4,547,927
$3.5 million < $5.0 million 2,202 9,122,660 1,342 746,392 1,313 982,164 66 34,497 335 256,618 1,993 2,858,186
$5.0 million < $10.0 million 2,157 14,684,938 1,420 1,032,891 1,380 1,466,540 164 106,242 484 556,107 1,942 4,615,013
$10.0 million < $20.0 million 824 11,218,994 597 640,859 582 953,349 114 200,459 274 729,799 748 3,733,484
$20.0 million or more 504 31,307,088 378 628,878 391 1,712,419 90 806,107 233 3,062,135 472 13,189,406
All Nontaxable Returns 39,826 88,218,416 27,765 9,308,890 23,465 11,933,048 1,596 1,140,633 6,352 5,233,481 31,144 18,107,919
Under $1.0 million 4,410 3,534,138 2,771 545,028 2,310 583,628 104 5,479 326 70,725 3,046 589,569
$1.0 million < $1.5 million 18,246 21,605,739 12,073 3,013,773 10,432 3,360,094 375 87,438 2,058 499,717 14,050 3,809,277
$1.5 million < $2.0 million 6,563 11,308,400 4,984 1,534,901 3,885 1,722,500 243 54,905 1,149 458,127 5,132 2,015,826
$2.0 million < $3.5 million 6,419 16,475,676 4,766 1,858,332 3,894 2,124,785 351 169,011 1,393 757,343 5,223 3,330,948
$3.5 million < $5.0 million 1,927 7,937,615 1,444 754,668 1,284 1,037,279 168 111,337 519 464,159 1,671 1,577,569
$5.0 million < $10.0 million 1,575 10,600,254 1,192 892,488 1,122 1,424,525 192 192,481 564 826,213 1,404 2,345,276
$10.0 million < $20.0 million 469 6,426,268 366 392,447 363 841,477 103 166,699 211 651,700 423 1,506,698
$20.0 million or more 215 10,330,328 168 317,254 175 838,761 60 353,283 132 1,505,497 195 2,932,757
NOTE: Detail may not add to total due to rounding.
* Estimates should be used with caution because of the small number of sample returns
on which they were based.
** Data were combined to prevent disclosure of individual taxpayer data.
[1] The majority of estates file Federal estate tax returns in the year after a decedent's
death. So, in 2003, most returns were filed for deaths that occurred in 2002, for which
the filing threshold was $1.0 million. Because of filing extensions, however, some returns
were filed in 2003 for deaths that occurred prior to 2002, for which the filing thresholds
were lower.
[2] Gross estate is shown at the value used to determine estate tax liability.
Gross estate could be reported as of date of death or 6 months thereafter
(i.e., alternate valuation method).
[3] The "Farm assets" category does not include farmland. Farmland was included
in the "Other real estate" category.
Source: IRS, Statistics of Income Division, October 2007.
Estate Tax Returns Filed in 2003 [1],
by Tax Status and Size of Gross Estate
[All figures are estimates based on a sample--money amounts
are in thousands of dollars.]
Corporate and foreign
State and local bonds Federal savings bonds Other Federal bonds Bond funds Unclassifiable mutual funds
Tax status and size of gross estate bonds
Number Amount Number Amount Number Amount Number Amount Number Amount Number Amount
(13) (14) (15) (16) (17) (18) (19) (20) (21) (22) (23) (24)
All Returns 37,717 22,329,752 10,416 715,503 17,553 4,948,939 20,001 2,398,013 5,452 396,633 10,666 788,762
Under $1.0 million 2,395 318,554 862 35,962 1,085 80,196 1,422 76,115 489 31,522 915 68,531
$1.0 million < $1.5 million 14,119 3,309,001 4,677 274,278 6,773 812,625 8,066 602,948 2,381 123,702 4,406 209,302
$1.5 million < $2.0 million 6,899 2,438,588 2,130 170,237 3,388 565,706 3,599 312,815 1,086 41,447 2,044 116,771
$2.0 million < $3.5 million 7,561 3,861,957 1,822 167,433 3,619 801,941 4,055 457,813 956 76,474 1,981 150,749
$3.5 million < $5.0 million 2,745 2,310,964 418 25,731 1,073 335,341 1,188 196,753 229 41,436 578 63,156
$5.0 million < $10.0 million 2,557 3,605,548 362 22,057 995 627,521 1,036 239,680 187 31,622 478 85,430
$10.0 million < $20.0 million 919 2,473,328 101 11,952 370 435,196 397 151,305 80 20,766 170 35,941
$20.0 million or more 521 4,011,812 43 7,853 251 1,290,415 239 360,584 44 29,665 94 58,883
All Taxable Returns 19,111 14,024,744 5,145 386,112 9,188 3,294,495 9,738 1,417,611 2,891 209,428 4,618 425,799
Under $1.0 million 969 133,029 315 14,116 417 34,904 492 28,345 161 13,042 270 17,643
$1.0 million < $1.5 million 6,088 1,525,515 1,843 108,212 3,084 423,125 3,372 277,528 1,186 60,083 1,504 97,295
$1.5 million < $2.0 million 3,767 1,463,265 1,222 79,276 1,823 309,267 1,947 183,464 682 24,515 1,097 71,129
$2.0 million < $3.5 million 4,131 2,326,310 1,142 132,020 2,154 539,267 2,166 263,996 550 41,001 1,031 88,883
$3.5 million < $5.0 million 1,572 1,384,497 269 20,430 622 238,089 700 139,110 128 17,125 309 30,505
$5.0 million < $10.0 million 1,586 2,376,491 242 14,740 630 461,689 619 164,365 99 17,908 237 53,216
$10.0 million < $20.0 million 616 1,710,415 73 9,496 275 327,872 273 103,542 55 14,665 107 24,119
$20.0 million or more 381 3,105,223 39 7,822 183 960,282 168 257,260 30 21,090 63 43,009
All Nontaxable Returns 18,606 8,305,008 5,271 329,391 8,365 1,654,444 10,263 980,402 2,561 187,206 6,048 362,962
Under $1.0 million 1,426 185,525 547 21,846 668 45,292 930 47,770 328 18,480 645 50,888
$1.0 million < $1.5 million 8,031 1,783,486 2,834 166,066 3,688 389,499 4,694 325,420 1,195 63,619 2,902 112,007
$1.5 million < $2.0 million 3,132 975,324 908 90,962 1,565 256,438 1,652 129,351 404 16,931 947 45,642
$2.0 million < $3.5 million 3,430 1,535,647 681 35,413 1,464 262,674 1,889 193,817 406 35,473 950 61,866
$3.5 million < $5.0 million 1,173 926,467 149 5,301 450 97,252 488 57,643 101 24,311 270 32,650
$5.0 million < $10.0 million 971 1,229,056 120 7,316 366 165,832 417 75,315 87 13,715 241 32,214
$10.0 million < $20.0 million 303 762,913 28 2,456 95 107,323 123 47,763 25 6,101 63 11,821
$20.0 million or more 140 906,590 *4 * 32 68 330,134 71 103,324 14 8,575 31 15,874
NOTE: Detail may not add to total due to rounding.
* Estimates should be used with caution because of the small number of sample returns
on which they were based.
** Data were combined to prevent disclosure of individual taxpayer data.
[1] The majority of estates file Federal estate tax returns in the year after a decedent's
death. So, in 2003, most returns were filed for deaths that occurred in 2002, for which
the filing threshold was $1.0 million. Because of filing extensions, however, some returns
were filed in 2003 for deaths that occurred prior to 2002, for which the filing thresholds
were lower.
[2] Gross estate is shown at the value used to determine estate tax liability.
Gross estate could be reported as of date of death or 6 months thereafter
(i.e., alternate valuation method).
[3] The "Farm assets" category does not include farmland. Farmland was included
in the "Other real estate" category.
Source: IRS, Statistics of Income Division, October 2007.
Estate Tax Returns Filed in 2003 [1],
by Tax Status and Size of Gross Estate
[All figures are estimates based on a sample--money amounts
are in thousands of dollars.]
Cash Cash management accounts Insurance, face value Insurance, policy loans Farm assets [3]
Tax status and size of gross estate
Number Amount Number Amount Number Amount Number Amount Number Amount
(25) (26) (27) (28) (29) (30) (31) (32) (33) (34)
All Returns 70,490 13,995,480 51,786 8,648,940 37,597 5,643,935 3,990 118,766 4,639 898,838
Under $1.0 million 6,729 700,387 4,185 227,513 3,202 265,167 245 7,689 384 41,690
$1.0 million < $1.5 million 28,588 4,277,757 19,914 1,650,059 15,757 1,423,519 1,404 22,079 1,887 229,174
$1.5 million < $2.0 million 12,975 2,201,056 9,601 985,821 6,968 955,586 821 25,857 757 105,162
$2.0 million < $3.5 million 12,648 2,492,487 10,113 1,432,829 6,915 1,306,464 885 24,663 949 192,623
$3.5 million < $5.0 million 3,955 1,035,750 3,256 829,137 1,936 541,263 197 7,967 242 62,546
$5.0 million < $10.0 million 3,627 1,177,152 2,970 1,191,328 1,860 677,966 277 15,404 245 100,849
$10.0 million < $20.0 million 1,263 742,548 1,114 830,192 613 259,034 104 8,564 97 69,543
$20.0 million or more 706 1,368,344 634 1,502,062 344 214,935 57 6,544 78 97,251
All Taxable Returns 32,422 8,285,964 24,416 5,329,571 14,107 1,466,490 1,321 42,420 2,026 330,291
Under $1.0 million 2,571 265,167 1,658 90,810 963 69,595 * 79 * 3,168 * 60 * 5,525
$1.0 million < $1.5 million 11,122 2,018,223 7,874 728,785 5,070 308,897 323 6,523 698 71,953
$1.5 million < $2.0 million 6,620 1,377,980 5,012 554,321 2,899 250,172 289 2,712 341 34,082
$2.0 million < $3.5 million 6,532 1,525,361 5,231 912,032 2,894 301,168 348 9,957 513 43,342
$3.5 million < $5.0 million 2,157 646,242 1,747 511,250 882 141,360 76 5,439 150 37,970
$5.0 million < $10.0 million 2,106 797,667 1,727 791,895 844 177,786 114 6,353 139 27,015
$10.0 million < $20.0 million 815 522,273 721 580,602 329 86,968 52 3,244 65 30,259
$20.0 million or more 498 1,133,050 446 1,159,876 226 130,545 40 5,024 61 80,145
All Nontaxable Returns 38,068 5,709,517 27,370 3,319,369 23,490 4,177,445 2,669 76,346 2,613 568,546
Under $1.0 million 4,158 435,220 2,527 136,703 2,239 195,572 166 4,521 325 36,165
$1.0 million < $1.5 million 17,465 2,259,534 12,040 921,274 10,686 1,114,622 1,081 15,556 1,189 157,221
$1.5 million < $2.0 million 6,355 823,076 4,588 431,500 4,069 705,414 532 23,144 416 71,079
$2.0 million < $3.5 million 6,116 967,126 4,883 520,796 4,022 1,005,296 537 14,707 436 149,281
$3.5 million < $5.0 million 1,798 389,508 1,509 317,887 1,055 399,904 122 2,528 93 24,576
$5.0 million < $10.0 million 1,521 379,485 1,243 399,433 1,016 500,181 162 9,050 106 73,834
$10.0 million < $20.0 million 448 220,274 393 249,590 285 172,066 52 5,320 32 39,284
$20.0 million or more 207 235,294 187 342,186 118 84,390 17 1,520 17 17,106
NOTE: Detail may not add to total due to rounding.
* Estimates should be used with caution because of the small number of sample returns
on which they were based.
** Data were combined to prevent disclosure of individual taxpayer data.
[1] The majority of estates file Federal estate tax returns in the year after a decedent's
death. So, in 2003, most returns were filed for deaths that occurred in 2002, for which
the filing threshold was $1.0 million. Because of filing extensions, however, some returns
were filed in 2003 for deaths that occurred prior to 2002, for which the filing thresholds
were lower.
[2] Gross estate is shown at the value used to determine estate tax liability.
Gross estate could be reported as of date of death or 6 months thereafter
(i.e., alternate valuation method).
[3] The "Farm assets" category does not include farmland. Farmland was included
in the "Other real estate" category.
Source: IRS, Statistics of Income Division, October 2007.
Estate Tax Returns Filed in 2003 [1],
by Tax Status and Size of Gross Estate
[All figures are estimates based on a sample--money amounts
are in thousands of dollars.]
Other noncorporate
Limited partnerships Mortgages and notes Retirement assets Depletables/intangibles
Tax status and size of gross estate business assets
Number Amount Number Amount Number Amount Number Amount Number Amount
(35) (36) (37) (38) (39) (40) (41) (42) (43) (44)
All Returns 8,571 3,931,851 6,728 3,118,114 14,808 4,127,740 41,883 14,871,689 4,206 590,068
Under $1.0 million 641 56,223 407 28,476 1,261 164,488 3,671 506,828 364 29,503
$1.0 million < $1.5 million 2,393 199,373 1,715 140,797 4,458 421,308 16,984 3,940,125 1,186 88,865
$1.5 million < $2.0 million 1,406 86,166 1,222 191,072 2,548 427,855 8,020 2,389,860 787 61,356
$2.0 million < $3.5 million 1,617 297,289 1,470 284,388 3,149 609,724 7,824 3,557,775 975 109,003
$3.5 million < $5.0 million 848 296,163 582 230,750 1,210 357,685 2,351 1,379,546 347 89,459
$5.0 million < $10.0 million 902 575,979 708 405,689 1,258 542,345 2,012 1,631,297 316 89,094
$10.0 million < $20.0 million 444 470,008 359 290,431 549 468,765 679 767,551 128 49,330
$20.0 million or more 320 1,950,650 264 1,546,512 374 1,135,571 343 698,706 102 73,457
All Taxable Returns 4,247 2,253,037 2,598 1,611,348 6,769 2,342,352 16,605 5,653,933 2,156 237,699
Under $1.0 million 274 34,651 * 49 * 5,487 517 76,109 1,354 178,091 * 95 * 16,830
$1.0 million < $1.5 million 1,189 105,538 605 26,953 1,522 147,921 5,822 1,401,008 472 23,182
$1.5 million < $2.0 million 754 29,431 356 48,476 1,334 244,889 3,700 1,047,401 423 25,108
$2.0 million < $3.5 million 774 148,705 680 90,796 1,406 261,125 3,287 1,286,825 618 66,509
$3.5 million < $5.0 million 348 142,473 224 63,185 639 201,611 957 429,153 181 39,851
$5.0 million < $10.0 million 446 308,783 329 200,961 740 337,987 915 619,959 200 26,913
$10.0 million < $20.0 million 250 229,716 184 112,292 353 278,008 359 349,805 92 22,844
$20.0 million or more 211 1,253,740 171 1,063,197 258 794,703 211 341,691 73 16,461
All Nontaxable Returns 4,324 1,678,814 4,130 1,506,767 8,039 1,785,388 25,279 9,217,756 2,050 352,369
Under $1.0 million 366 21,571 358 22,988 744 88,379 2,317 328,736 269 12,673
$1.0 million < $1.5 million 1,204 93,835 1,110 113,844 2,936 273,387 11,162 2,539,117 714 65,683
$1.5 million < $2.0 million 652 56,736 867 142,596 1,214 182,966 4,320 1,342,459 364 36,248
$2.0 million < $3.5 million 843 148,584 790 193,592 1,743 348,598 4,536 2,270,950 357 42,494
$3.5 million < $5.0 million 500 153,689 358 167,564 571 156,074 1,394 950,393 166 49,608
$5.0 million < $10.0 million 456 267,197 379 204,728 519 204,359 1,096 1,011,338 116 62,182
$10.0 million < $20.0 million 193 240,291 174 178,139 197 190,757 320 417,747 36 26,486
$20.0 million or more 109 696,910 93 483,315 116 340,868 132 357,015 29 56,996
NOTE: Detail may not add to total due to rounding.
* Estimates should be used with caution because of the small number of sample returns
on which they were based.
** Data were combined to prevent disclosure of individual taxpayer data.
[1] The majority of estates file Federal estate tax returns in the year after a decedent's
death. So, in 2003, most returns were filed for deaths that occurred in 2002, for which
the filing threshold was $1.0 million. Because of filing extensions, however, some returns
were filed in 2003 for deaths that occurred prior to 2002, for which the filing thresholds
were lower.
[2] Gross estate is shown at the value used to determine estate tax liability.
Gross estate could be reported as of date of death or 6 months thereafter
(i.e., alternate valuation method).
[3] The "Farm assets" category does not include farmland. Farmland was included
in the "Other real estate" category.
Source: IRS, Statistics of Income Division, October 2007.
Estate Tax Returns Filed in 2003 [1],
by Tax Status and Size of Gross Estate
[All figures are estimates based on a sample--money amounts
are in thousands of dollars.]
Type of deductions
Art Other assets Funeral expenses Executors' commissions Attorneys' fees Other expenses/losses
Tax status and size of gross estate
Number Amount Number Amount Number Amount Number Amount Number Amount Number Amount
(45) (46) (47) (48) (49) (50) (51) (52) (53) (54) (55) (56)
All Returns 3,421 689,364 62,968 2,903,208 64,416 529,616 24,855 1,362,786 44,968 1,134,579 45,135 1,083,790
Under $1.0 million 206 7,969 5,678 111,251 6,191 42,297 2,118 47,189 4,511 55,916 4,114 38,025
$1.0 million < $1.5 million 615 28,770 25,392 523,779 26,177 191,318 9,200 242,429 17,734 251,131 18,384 173,714
$1.5 million < $2.0 million 501 14,007 11,338 319,144 11,738 92,165 4,681 170,285 8,090 158,174 7,932 101,646
$2.0 million < $3.5 million 652 68,945 11,447 474,174 11,557 97,260 4,794 237,787 8,244 214,745 8,202 160,772
$3.5 million < $5.0 million 409 39,845 3,723 270,125 3,609 34,298 1,548 106,026 2,557 98,042 2,583 87,453
$5.0 million < $10.0 million 457 79,293 3,469 345,360 3,304 36,315 1,610 195,929 2,444 147,726 2,488 160,781
$10.0 million < $20.0 million 296 150,882 1,228 243,915 1,174 16,095 561 123,556 867 87,907 898 121,843
$20.0 million or more 284 299,653 693 615,460 665 19,869 342 239,585 523 120,940 534 239,556
All Taxable Returns 1,845 406,664 28,590 1,643,984 31,813 255,637 19,113 1,172,407 29,017 864,951 28,560 920,068
Under $1.0 million * 69 * 611 2,156 42,215 2,534 16,791 1,291 28,959 2,357 29,805 2,136 17,683
$1.0 million < $1.5 million 198 15,379 9,529 175,802 10,975 75,137 5,755 153,980 9,772 150,793 9,808 108,937
$1.5 million < $2.0 million 229 3,243 5,774 162,479 6,521 49,003 4,122 151,565 5,900 119,923 5,729 84,617
$2.0 million < $3.5 million 350 7,648 5,850 224,946 6,354 50,176 4,230 214,899 5,995 173,329 5,857 136,090
$3.5 million < $5.0 million 254 24,699 1,968 135,923 2,092 17,832 1,396 96,233 1,949 81,266 1,963 81,721
$5.0 million < $10.0 million 312 35,533 2,036 232,506 2,063 20,781 1,486 183,712 1,917 126,131 1,906 150,255
$10.0 million < $20.0 million 215 107,622 791 173,322 790 10,100 514 114,040 700 77,304 717 109,012
$20.0 million or more 217 211,928 486 496,792 482 15,817 318 229,020 426 106,400 444 231,754
All Nontaxable Returns 1,576 282,700 34,378 1,259,223 32,603 273,979 5,741 190,378 15,951 269,628 16,574 163,722
Under $1.0 million 137 7,358 3,523 69,037 3,657 25,506 827 18,230 2,153 26,112 1,978 20,342
$1.0 million < $1.5 million 417 13,391 15,863 347,977 15,202 116,181 3,445 88,449 7,961 100,337 8,576 64,777
$1.5 million < $2.0 million 272 10,763 5,564 156,665 5,217 43,162 559 18,719 2,190 38,251 2,202 17,029
$2.0 million < $3.5 million 302 61,297 5,596 249,227 5,203 47,084 564 22,888 2,248 41,416 2,345 24,682
$3.5 million < $5.0 million 155 15,146 1,755 134,202 1,517 16,466 152 9,794 608 16,775 621 5,732
$5.0 million < $10.0 million 145 43,760 1,434 112,854 1,241 15,534 123 12,218 528 21,595 582 10,526
$10.0 million < $20.0 million 81 43,260 437 70,593 384 5,995 47 9,516 167 10,603 181 12,832
$20.0 million or more 67 87,725 206 118,668 182 4,052 24 10,565 96 14,540 89 7,801
NOTE: Detail may not add to total due to rounding.
* Estimates should be used with caution because of the small number of sample returns
on which they were based.
** Data were combined to prevent disclosure of individual taxpayer data.
[1] The majority of estates file Federal estate tax returns in the year after a decedent's
death. So, in 2003, most returns were filed for deaths that occurred in 2002, for which
the filing threshold was $1.0 million. Because of filing extensions, however, some returns
were filed in 2003 for deaths that occurred prior to 2002, for which the filing thresholds
were lower.
[2] Gross estate is shown at the value used to determine estate tax liability.
Gross estate could be reported as of date of death or 6 months thereafter
(i.e., alternate valuation method).
[3] The "Farm assets" category does not include farmland. Farmland was included
in the "Other real estate" category.
Source: IRS, Statistics of Income Division, October 2007.
Estate Tax Returns Filed in 2003 [1],
by Tax Status and Size of Gross Estate
[All figures are estimates based on a sample--money amounts
are in thousands of dollars.]
of deductions
Bequests to surviving Taxable estate
Debts and mortgages Charitable deduction Allowable deductions
Tax status and size of gross estate spouse
Number Amount Number Amount Number Amount Number Amount Number Amount
(57) (58) (59) (60) (61) (62) (63) (64) (65) (66)
All Returns 52,690 7,871,183 31,625 64,043,367 13,399 14,769,226 73,093 91,381,892 69,576 109,090,586
Under $1.0 million 4,627 223,355 2,627 829,800 908 167,746 7,067 1,467,613 6,716 4,277,387
$1.0 million < $1.5 million 20,245 1,063,626 11,497 5,968,858 4,723 1,150,574 29,692 9,206,664 28,281 26,929,061
$1.5 million < $2.0 million 9,788 963,107 6,152 5,561,116 2,428 870,577 13,326 8,049,400 12,601 14,964,966
$2.0 million < $3.5 million 9,984 1,256,845 6,432 10,341,571 2,596 2,007,746 13,133 14,412,339 12,463 19,473,526
$3.5 million < $5.0 million 3,225 674,692 2,014 5,932,196 921 1,015,931 4,130 7,992,018 3,982 9,077,311
$5.0 million < $10.0 million 3,056 986,902 1,839 9,245,484 1,009 1,687,132 3,732 12,513,745 3,591 12,796,387
$10.0 million < $20.0 million 1,108 741,329 678 7,037,157 486 1,575,237 1,293 9,707,866 1,247 7,965,842
$20.0 million or more 657 1,961,327 385 19,127,187 329 6,294,284 720 28,032,248 695 13,606,106
All Taxable Returns 28,113 3,889,497 2,799 14,460,845 7,373 8,595,787 33,285 30,577,135 33,299 81,471,614
Under $1.0 million 2,017 61,698 * 81 * 12,526 381 17,272 2,660 210,443 2,676 1,996,847
$1.0 million < $1.5 million 9,028 259,124 474 110,973 1,816 114,748 11,457 1,024,338 11,457 13,488,002
$1.5 million < $2.0 million 5,903 361,220 371 126,157 1,478 140,235 6,763 1,118,236 6,764 10,538,982
$2.0 million < $3.5 million 5,947 544,939 781 598,911 1,636 526,835 6,716 2,371,863 6,716 14,966,359
$3.5 million < $5.0 million 1,967 335,849 256 413,562 656 401,436 2,202 1,463,874 2,202 7,658,786
$5.0 million < $10.0 million 2,004 464,082 408 1,218,582 729 777,662 2,157 2,987,974 2,154 11,696,963
$10.0 million < $20.0 million 763 370,747 240 1,746,202 402 1,108,655 824 3,556,497 824 7,662,497
$20.0 million or more 484 1,491,838 189 10,233,932 275 5,508,943 504 17,843,909 504 13,463,179
All Nontaxable Returns 24,577 3,981,687 28,825 49,582,523 6,026 6,173,439 39,808 60,804,757 36,277 27,618,972
Under $1.0 million 2,610 161,658 2,546 817,274 527 150,474 4,407 1,257,170 4,040 2,280,540
$1.0 million < $1.5 million 11,218 804,502 11,023 5,857,885 2,907 1,035,825 18,235 8,182,326 16,823 13,441,059
$1.5 million < $2.0 million 3,884 601,887 5,781 5,434,960 950 730,341 6,563 6,931,164 5,837 4,425,984
$2.0 million < $3.5 million 4,037 711,906 5,651 9,742,660 960 1,480,911 6,416 12,040,476 5,747 4,507,167
$3.5 million < $5.0 million 1,257 338,843 1,758 5,518,634 265 614,495 1,927 6,528,144 1,780 1,418,526
$5.0 million < $10.0 million 1,052 522,820 1,431 8,026,901 280 909,470 1,575 9,525,771 1,437 1,099,424
$10.0 million < $20.0 million 345 370,583 438 5,290,954 84 466,582 469 6,151,369 423 303,345
$20.0 million or more 172 469,489 196 8,893,255 54 785,341 215 10,188,339 190 142,927
NOTE: Detail may not add to total due to rounding.
* Estimates should be used with caution because of the small number of sample returns
on which they were based.
** Data were combined to prevent disclosure of individual taxpayer data.
[1] The majority of estates file Federal estate tax returns in the year after a decedent's
death. So, in 2003, most returns were filed for deaths that occurred in 2002, for which
the filing threshold was $1.0 million. Because of filing extensions, however, some returns
were filed in 2003 for deaths that occurred prior to 2002, for which the filing thresholds
were lower.
[2] Gross estate is shown at the value used to determine estate tax liability.
Gross estate could be reported as of date of death or 6 months thereafter
(i.e., alternate valuation method).
[3] The "Farm assets" category does not include farmland. Farmland was included
in the "Other real estate" category.
Source: IRS, Statistics of Income Division, October 2007.
Estate Tax Returns Filed in 2003 [1],
by Tax Status and Size of Gross Estate
[All figures are estimates based on a sample--money amounts
are in thousands of dollars.]
Adjusted taxable gifts Adjusted taxable estate Tentative estate tax Gift tax Total tax before credits Allowable unified credit
Tax status and size of gross estate
Number Amount Number Amount Number Amount Number Amount Number Amount Number Amount
(67) (68) (69) (70) (71) (72) (73) (74) (75) (76) (77) (78)
All Returns 13,234 7,754,542 69,756 116,845,129 69,678 47,511,021 2,923 1,570,298 69,607 45,942,905 73,128 23,246,689
Under $1.0 million 1,788 836,800 6,733 5,114,187 6,712 1,722,852 355 39,257 6,695 1,683,595 7,086 1,721,903
$1.0 million < $1.5 million 3,156 759,161 28,306 27,688,223 28,273 9,667,737 452 38,116 28,246 9,630,225 29,703 9,711,227
$1.5 million < $2.0 million 1,658 513,660 12,604 15,478,627 12,595 5,655,890 187 50,212 12,593 5,606,197 13,327 4,339,979
$2.0 million < $3.5 million 2,605 1,113,948 12,509 20,587,474 12,497 8,068,596 427 117,142 12,477 7,952,473 13,136 4,294,596
$3.5 million < $5.0 million 1,099 608,002 4,003 9,685,314 4,001 4,114,925 279 87,153 3,999 4,027,771 4,130 1,339,032
$5.0 million < $10.0 million 1,628 1,260,879 3,620 14,057,266 3,619 6,365,822 568 237,941 3,619 6,127,881 3,732 1,198,508
$10.0 million < $20.0 million 773 994,788 1,268 8,960,630 1,268 4,288,259 331 288,559 1,267 3,999,740 1,293 414,171
$20.0 million or more 527 1,667,302 712 15,273,408 712 7,626,941 323 711,918 711 6,915,022 720 227,271
All Taxable Returns 8,218 6,246,985 33,302 87,718,599 33,302 37,710,132 2,257 1,439,635 33,302 36,270,497 33,302 10,670,823
Under $1.0 million 946 562,062 2,676 2,558,909 2,676 887,265 260 18,344 2,676 868,921 2,676 675,480
$1.0 million < $1.5 million 1,946 587,487 11,457 14,075,489 11,457 5,058,352 318 26,227 11,457 5,032,125 11,457 3,706,549
$1.5 million < $2.0 million 943 359,093 6,764 10,898,075 6,764 4,114,623 132 48,811 6,764 4,065,813 6,764 2,230,557
$2.0 million < $3.5 million 1,665 873,115 6,716 15,839,475 6,716 6,472,451 348 105,042 6,716 6,367,409 6,716 2,212,979
$3.5 million < $5.0 million 663 442,084 2,202 8,100,870 2,202 3,577,303 191 71,689 2,202 3,505,614 2,202 717,236
$5.0 million < $10.0 million 1,096 1,017,125 2,157 12,714,088 2,157 5,924,078 456 218,471 2,157 5,705,607 2,157 700,831
$10.0 million < $20.0 million 559 876,250 824 8,538,746 824 4,146,547 275 274,843 824 3,871,704 824 267,041
$20.0 million or more 401 1,529,768 504 14,992,947 504 7,529,513 276 676,210 504 6,853,303 504 160,151
All Nontaxable Returns 5,016 1,507,557 36,454 29,126,529 36,376 9,800,889 667 130,663 36,305 9,672,408 39,826 12,575,865
Under $1.0 million 842 274,738 4,057 2,555,278 4,036 835,587 * 95 * 20,913 4,019 814,674 4,410 1,046,424
$1.0 million < $1.5 million 1,211 171,675 16,849 13,612,734 16,816 4,609,385 134 11,889 16,789 4,598,100 18,246 6,004,678
$1.5 million < $2.0 million 715 154,567 5,840 4,580,552 5,831 1,541,266 * 56 * 1,402 5,828 1,540,385 6,563 2,109,423
$2.0 million < $3.5 million 940 240,833 5,793 4,747,999 5,780 1,596,145 80 12,100 5,760 1,585,064 6,419 2,081,617
$3.5 million < $5.0 million 436 165,918 1,801 1,584,444 1,799 537,622 88 15,465 1,797 522,157 1,927 621,797
$5.0 million < $10.0 million 532 243,754 1,463 1,343,177 1,462 441,744 111 19,470 1,462 422,274 1,575 497,677
$10.0 million < $20.0 million 214 118,539 444 421,884 444 141,712 56 13,716 443 128,036 469 147,130
$20.0 million or more 126 137,534 207 280,461 207 97,428 47 35,709 206 61,719 215 67,120
NOTE: Detail may not add to total due to rounding.
* Estimates should be used with caution because of the small number of sample returns
on which they were based.
** Data were combined to prevent disclosure of individual taxpayer data.
[1] The majority of estates file Federal estate tax returns in the year after a decedent's
death. So, in 2003, most returns were filed for deaths that occurred in 2002, for which
the filing threshold was $1.0 million. Because of filing extensions, however, some returns
were filed in 2003 for deaths that occurred prior to 2002, for which the filing thresholds
were lower.
[2] Gross estate is shown at the value used to determine estate tax liability.
Gross estate could be reported as of date of death or 6 months thereafter
(i.e., alternate valuation method).
[3] The "Farm assets" category does not include farmland. Farmland was included
in the "Other real estate" category.
Source: IRS, Statistics of Income Division, October 2007.
Estate Tax Returns Filed in 2003 [1],
by Tax Status and Size of Gross Estate
[All figures are estimates based on a sample--money amounts
are in thousands of dollars.]
State death tax credit Other tax credits Net estate tax Generation skipping tax Community property Total mutual funds
Tax status and size of gross estate
Number Amount Number Amount Number Amount Number Amount Number Amount Number Amount
(79) (80) (81) (82) (83) (84) (85) (86) (87) (88) (89) (90)
All Returns 36,842 4,745,610 852 173,772 33,302 20,793,749 341 115,487 8,881 38,803,137 49,984 16,661,865
Under $1.0 million 3,149 54,933 44 1,308 2,676 143,408 0 0 957 1,401,528 4,525 674,154
$1.0 million < $1.5 million 13,828 413,323 131 12,841 11,457 945,542 ** ** 3,305 6,808,593 20,123 4,148,409
$1.5 million < $2.0 million 6,937 353,241 180 15,260 6,764 1,472,794 ** 75 ** 1,618 1,735 4,728,997 9,116 2,366,005
$2.0 million < $3.5 million 7,067 610,045 265 44,156 6,716 3,515,722 * 53 * 7,084 1,602 6,501,790 9,198 3,341,755
$3.5 million < $5.0 million 2,268 396,365 88 22,946 2,202 2,371,558 50 4,263 588 4,056,075 2,923 1,545,924
$5.0 million < $10.0 million 2,229 767,754 86 32,506 2,157 4,222,161 68 14,632 448 4,728,796 2,621 1,913,322
$10.0 million < $20.0 million 849 655,731 33 18,451 824 2,943,694 37 9,488 163 3,208,788 948 1,099,729
$20.0 million or more 513 1,494,218 25 26,303 504 5,178,869 58 78,402 82 7,368,570 532 1,572,569
All Taxable Returns 32,718 4,675,526 745 146,851 33,302 20,793,749 341 115,487 563 4,172,147 22,579 9,080,663
Under $1.0 million 2,556 49,459 ** ** 2,676 143,408 0 0 ** ** 1,752 275,789
$1.0 million < $1.5 million 11,243 376,142 ** 107 ** 4,686 11,457 945,542 ** ** ** 132 ** 158,020 7,838 1,860,818
$1.5 million < $2.0 million 6,669 348,631 175 14,224 6,764 1,472,794 ** 75 ** 1,618 115 211,062 4,454 1,295,150
$2.0 million < $3.5 million 6,608 601,520 246 37,940 6,716 3,515,722 * 53 * 7,084 130 315,610 4,660 1,843,566
$3.5 million < $5.0 million 2,183 394,569 ** ** 2,202 2,371,558 50 4,263 42 110,708 1,476 798,306
$5.0 million < $10.0 million 2,144 759,447 ** ** 2,157 4,222,161 68 14,632 69 479,296 1,449 1,145,623
$10.0 million < $20.0 million 817 654,588 ** ** 824 2,943,694 37 9,488 44 742,764 596 698,938
$20.0 million or more 499 1,491,170 ** 217 ** 90,001 504 5,178,869 58 78,402 30 2,154,688 353 1,162,472
All Nontaxable Returns 4,124 70,084 107 26,921 0 0 0 0 8,318 34,630,990 27,405 7,581,203
Under $1.0 million 593 5,474 ** ** 0 0 0 0 ** ** 2,773 398,364
$1.0 million < $1.5 million 2,585 37,181 ** 69 ** 9,463 0 0 0 0 ** 4,129 ** 8,052,102 12,285 2,287,591
$1.5 million < $2.0 million 268 4,609 *5 * 1,036 0 0 0 0 1,620 4,517,935 4,661 1,070,855
$2.0 million < $3.5 million 459 8,525 * 18 * 6,216 0 0 0 0 1,472 6,186,180 4,537 1,498,189
$3.5 million < $5.0 million 85 1,796 ** ** 0 0 0 0 546 3,945,367 1,447 747,618
$5.0 million < $10.0 million 86 8,307 ** ** 0 0 0 0 379 4,249,500 1,172 767,699
$10.0 million < $20.0 million 32 1143 ** ** 0 0 0 0 119 2,466,024 352 400,790
$20.0 million or more 14 3048 ** 15 ** 10,206 0 0 0 0 52 5,213,882 178 410,097
NOTE: Detail may not add to total due to rounding.
* Estimates should be used with caution because of the small number of sample returns
on which they were based.
** Data were combined to prevent disclosure of individual taxpayer data.
[1] The majority of estates file Federal estate tax returns in the year after a decedent's
death. So, in 2003, most returns were filed for deaths that occurred in 2002, for which
the filing threshold was $1.0 million. Because of filing extensions, however, some returns
were filed in 2003 for deaths that occurred prior to 2002, for which the filing thresholds
were lower.
[2] Gross estate is shown at the value used to determine estate tax liability.
Gross estate could be reported as of date of death or 6 months thereafter
(i.e., alternate valuation method).
[3] The "Farm assets" category does not include farmland. Farmland was included
in the "Other real estate" category.
Source: IRS, Statistics of Income Division, October 2007.
Estate Tax Returns Filed in 2003 [1],
by Tax Status and Size of Gross Estate
[All figures are estimates based on a sample--money amounts
are in thousands of dollars.]
Qualified terminable interest
Total joint property Total lifetime transfers
property
Tax status and size of gross estate
Number Amount Number Amount Number Amount
(91) (92) (93) (94) (95) (96)
All Returns 36,010 11,299,442 28,283 61,915,123 12,381 30,780,782
Under $1.0 million 2,959 470,544 2,219 1,300,997 726 139,726
$1.0 million < $1.5 million 14,508 2,593,668 10,141 8,811,863 3,104 907,282
$1.5 million < $2.0 million 6,949 1,856,459 5,130 6,306,238 2,499 1,451,364
$2.0 million < $3.5 million 6,755 2,238,489 5,633 9,785,416 3,055 3,307,987
$3.5 million < $5.0 million 1,996 1,116,213 1,993 5,550,762 1,140 2,471,252
$5.0 million < $10.0 million 1,841 1,432,937 1,942 8,254,039 1,104 4,293,517
$10.0 million < $20.0 million 638 731,263 755 6,329,118 463 3,731,101
$20.0 million or more 364 859,868 469 15,576,690 291 14,478,554
All Taxable Returns 11,023 3,000,861 13,165 35,955,573 1,056 10,370,422
Under $1.0 million 700 80,762 812 459,083 ** **
$1.0 million < $1.5 million 3,954 672,822 3,681 3,429,548 ** 85 ** 24,000
$1.5 million < $2.0 million 2,229 482,695 2,684 3,487,134 77 27,368
$2.0 million < $3.5 million 2,244 556,523 2,820 5,032,377 301 240,819
$3.5 million < $5.0 million 666 249,295 1,108 3,206,403 104 174,468
$5.0 million < $10.0 million 717 352,118 1,196 5,049,171 193 569,255
$10.0 million < $20.0 million 301 214,788 512 4,253,404 161 1,021,462
$20.0 million or more 211 391,860 352 11,038,454 134 8,313,051
All Nontaxable Returns 24,987 8,298,581 15,117 25,959,550 11,325 20,410,361
Under $1.0 million 2,259 389,782 1,407 841,915 ** **
$1.0 million < $1.5 million 10,554 1,920,846 6,460 5,382,315 ** 3,745 ** 1,023,008
$1.5 million < $2.0 million 4,720 1,373,764 2,446 2,819,103 2,422 1,423,996
$2.0 million < $3.5 million 4,511 1,681,967 2,813 4,753,039 2,754 3,067,169
$3.5 million < $5.0 million 1,330 866,918 885 2,344,358 1,036 2,296,784
$5.0 million < $10.0 million 1,124 1,080,819 746 3,204,868 910 3,724,262
$10.0 million < $20.0 million 337 516,476 244 2,075,714 302 2,709,640
$20.0 million or more 153 468,009 117 4,538,237 157 6,165,502
NOTE: Detail may not add to total due to rounding.
* Estimates should be used with caution because of the small number of sample returns
on which they were based.
** Data were combined to prevent disclosure of individual taxpayer data.
[1] The majority of estates file Federal estate tax returns in the year after a decedent's
death. So, in 2003, most returns were filed for deaths that occurred in 2002, for which
the filing threshold was $1.0 million. Because of filing extensions, however, some returns
were filed in 2003 for deaths that occurred prior to 2002, for which the filing thresholds
were lower.
[2] Gross estate is shown at the value used to determine estate tax liability.
Gross estate could be reported as of date of death or 6 months thereafter
(i.e., alternate valuation method).
[3] The "Farm assets" category does not include farmland. Farmland was included
in the "Other real estate" category.
Source: IRS, Statistics of Income Division, October 2007.