Estate tax liability may be reduced by a state death tax credit.

Name: Estate tax liability may be reduced by a state death tax credit.
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The state death tax credit allows for a state estate or inheritance tax paid to be claimed as a credit against the federal estate tax liability. This reduces the overall estate tax liability. However, it's important to note that the state death tax credit is being phased out and will be completely eliminated by 2025.

Estate Tax Liability May Be Reduced by a State Death