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The Estate Tax is levied on the deceased's estate before distribution, while Inheritance Tax is paid by the beneficiary after receiving the assets.

The Estate Tax can be a federal and/or state tax, but the Inheritance Tax is only imposed at the state level in the United States.

Estate Tax has a federal exemption amount and a progressive rate schedule, while Inheritance Tax exemptions and rates vary by state and the relationship to the decedent.

Estate Tax allows various deductions against the gross estate, and there are credits available such as for state death taxes paid, while Inheritance Tax does not typically offer similar deductions.

The Estate Tax is more impactful for larger estates due to the federal exemption limit, whereas Inheritance Tax can affect any size inheritance depending on the state's rules.

The executor or administrator of the estate files and pays the Estate Tax, while the beneficiary is responsible for filing and paying the Inheritance Tax.

Estate Tax rates can be much higher than Inheritance Tax rates, as they are set at a federal level with a maximum rate, while Inheritance Tax rates are typically lower and vary by state.

The federal Estate Tax has a portability feature for married couples that allows them to share their exemptions, while Inheritance Tax does not offer this feature.

Estate Tax offers an unlimited deduction for money left to charity, potentially reducing the taxable estate, while Inheritance Tax does not typically affect charitable bequests.