How much do I pay for Federal inheritance tax?

As of now, there is no federal inheritance tax in the United States. However, there is a federal estate tax that may apply to estates valued above a certain threshold, which was $12.06 million per individual in 2022. If the estate exceeds this limit, the tax rate can range from 18% to 40%. It's important to check the current thresholds and rates, as they can change over time.