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View Full Version : How much money of an estate is taxable in New York State?

jjcclc2003
May 16, 2009, 01:31 PM
In New York State, what is the maximum amount of an estate that cannot be taxed? There are 5 children set to inherit their mother's estate equally.
ScottGem
May 16, 2009, 02:03 PM
NYS follows the Fed rule and exempts the first 2 million of an estate. In 2009 that was raised to $3.5M