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Home > Money & Services > Taxes   »   inheritance

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Old Jan 6, 2007, 06:26 AM
macdonald
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inheritance
What is the tax structure for Federal Taxes on inheritance taxes when you receive money from someone's will?

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Old Jan 6, 2007, 07:53 AM   #2  
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What do you mean by "tax structure". An inheritance is an inheritance whether by will or not. Under federal law the first 2 million is not taxable.
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Old Jan 6, 2007, 08:18 AM   #3  
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Quote:
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What is the tax structure for Federal Taxes on inheritance taxes when you receive money from someone's will?
Yes, it helped. May I ask where you got your answer from?
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Old Jan 6, 2007, 08:18 AM   #4  
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Yes, it helped. May I ask where you got your answer from?
Debe
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Old Jan 6, 2007, 09:50 AM   #5  
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Indirectly the tax law. But I've read of that limit in various places during my travels. I think there are probably a couple of threads here where its discussed.
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Old Jan 8, 2007, 01:14 PM   #6  
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The limits is located in the Internal Reveue Code. You can also get it from Internal Revenue Service.
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