Question: how much can you inherit without paying taxes in nj?
Answer: These individuals can receive up to $25,000 without paying an inheritance tax. Bequests exceeding $25,000 are taxed at rates from 11% to 16% depending on the gift's value. The greater the value, the greater the tax rate. Inheritances valued at more than $1.7 million are subject to the highest rate of 16% as of 2018.