Estate Tax & Inheritance Taxes

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Asked by an anonymous user
If you are talking about Federal estate taxes, depends on the value of the estate. If the estate happened in 2017, the estate gets a $5.49 million exclusion or 100% if...
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Answered by Michael Karu, CPA/CFF/CGMA in Livingston, NJ
The full value of the IRA is includable as income by the beneficiary of that IRA. If no beneficiary was named, then it is taxable to the estate, which must file Form ...
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