§2201 Combat Zone-related Deaths of Members of the Armed Forces, Deaths of Astronauts, and Deaths of Victims of Certain Terrorist Attacks

Summary

Uses a special estate tax rate schedule for certain deaths unless the executor says not to. It applies instead of the normal rates when computing estate tax for those estates. It covers three kinds of people: U.S. citizens or residents who die on active military service and were killed in a combat zone or died from wounds, disease, or injury from serving in a combat zone; certain victims of terrorist attacks; and astronauts who die in the line of duty. The tentative tax on the taxable amount is figured like this: if not over $150,000 — 1 percent of the amount over $100,000; over $150,000 but not over $200,000 — $500 plus 2 percent of the excess over $150,000; over $200,000 but not over $300,000 — $1,500 plus 3 percent of the excess over $200,000; over $300,000 but not over $500,000 — $4,500 plus 4 percent of the excess over $300,000; over $500,000 but not over $700,000 — $12,500 plus 5 percent of the excess over $500,000; over $700,000 but not over $900,000 — $22,500 plus 6 percent of the excess over $700,000; over $900,000 but not over $1,100,000 — $34,500 plus 7 percent of the excess over $900,000; over $1,100,000 but not over $1,600,000 — $48,500 plus 8 percent of the excess over $1,100,000; over $1,600,000 but not over $2,100,000 — $88,500 plus 9 percent of the excess over $1,600,000; over $2,100,000 but not over $2,600,000 — $133,500 plus 10 percent of the excess over $2,100,000; over $2,600,000 but not over $3,100,000 — $183,500 plus 11 percent of the excess over $2,600,000; over $3,100,000 but not over $3,600,000 — $238,500 plus 12 percent of the excess over $3,100,000; over $3,600,000 but not over $4,100,000 — $298,500 plus 13 percent of the excess over $3,600,000; over $4,100,000 but not over $5,100,000 — $363,500 plus 14 percent of the excess over $4,100,000; over $5,100,000 but not over $6,100,000 — $503,500 plus 15 percent of the excess over $5,100,000; over $6,100,000 but not over $7,100,000 — $653,500 plus 16 percent of the excess over $6,100,000; over $7,100,000 but not over $8,100,000 — $813,500 plus 17 percent of the excess over $7,100,000; over $8,100,000 but not over $9,100,000 — $983,500 plus 18 percent of the excess over $8,100,000; over $9,100,000 but not over $10,100,000 — $1,163,500 plus 19 percent of the excess over $9,100,000; over $10,100,000 — $1,353,500 plus 20 percent of the excess over $10,100,000. Using this special schedule does not change how the credit under section 2010 is figured.