Get Answers About Federal Estate Tax

Should the Bush Tax Cuts be Extended?

There are a number of tax cuts which were passed during George W. Bush's presidency. One of them was the estate tax Right now there is no federal estate tax, but next year it will bounce back to 55%. That...

Answered 12/15/2010 | Answer This | 3 Answers | See Question

I reside in the state of Arkansas. My mother's estate will probably be valued at no more than 600,000 to 700,000 at the time...

Should I be concerned about inheritance taxes? It is my understanding that states are phasing out inheritance taxes and I do not believe that my state even has them. It is also my understanding that the limit...

Asked 2/2/2010 | Answer This | 0 Answers | See Question

Are there federal estate taxes on a Revocable living trust

I am the successor trustee for my aunt's trust. she died leaving an estate of around $360,000. Will there be federal estate tax?

Answered 12/16/2008 | Answer This | 2 Answers | See Question

Do i have to pay estate or inheritance tax?

I'm confused as to the difference. I've heard there is no tax on assets passed on that are less then 2 million dollars. Is that true? My brother and sisters and I inherited property in 2006 and sold...

Answered 3/24/2008 | View Answer | See Question

State (not federal) inheritance tax question?

In 2005, I was temporarily living and working in Michigan, but a legal permenant resident of New York, when a person in Florida died. I inherited $5000, which I received later that year, while living in NY and...

Answered 12/16/2007 | View Answer | See Question

I need an answer ,what in ca is your tax on inheritance not estate just the cash.is it federal or state?

Answered 1/15/2008 | View Answer | See Question

What forms to file for maryland inheritance tax?

I paid estate taxes on inherited property. What forms do I need to file in conjunction with my Maryland (or Federal) tax return? Thank you.

Answered 11/18/2006 | View Answer | See Question

Must i pay federal or state tax on my inheritance of $60,000 from my mom's estate. i live in ma?

Answered 8/26/2008 | View Answer | See Question

In probate, which of the following is a tax matter a texas personal rep. would never deal with?

a. federal income tax for deceased b. state income tax for deceased c. state inheritance tax d. federal estate tax

Answered 5/6/2008 | View Answer | See Question

Does us have the most unfair tax system in the world?

Accounts Receivable Tax Building Permit Tax Cigarette Tax Corporate Income Tax Dog License Tax Federal Income Tax Federal Unemployment Tax (FUTA) Fishing License Tax Food License Tax Fuel Permit Tax Gasoline Tax Hunting...

Answered 6/15/2007 | View Answer | See Question

What is my tax liability on the sale of property from an inheritance?

My wife and I live in Texas. My wife's father died in April 2006. His estate was left to my wife and two siblings. The proceeds are divided evenly. He owned some land in Oregon that was sold last month....

Answered 9/1/2007 | View Answer | See Question

Inheritance tax forms?

Do you have to use an estate lawyer for (deceased) spousal filling of new jersey and federal inheritence tax forms ?

Answered 10/25/2007 | View Answer | See Question