July 29, 2019
![Distribution of Net Estate Tax Distribution of Net Estate Tax](https://www.taxpolicycenter.org/sites/default/files/fiscal-facts/ff_detailed_hh.png)
Fact:
For estate tax returns filed in 2017 (which cover deaths in prior years), only 1% of the net revenue came from estates valued under $5 million, while 51% came from those valued over $50 million. The 2017 tax law will further exempt smaller estates from taxation.