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    leslianne's Avatar
    leslianne Posts: 1, Reputation: 1
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    #1

    Mar 28, 2008, 10:31 AM
    Death tax in ca
    CA has a death tax. What is the minimum amount of inheritance for death taxes and how much for ca?
    ebaines's Avatar
    ebaines Posts: 12,131, Reputation: 1307
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    #2

    Mar 28, 2008, 11:00 AM
    California has no inheritance tax, and its estate tax was phased out in 2004. So as long as the decedent passed away Jan 1 2005 or later, there is no tax due. See:

    California State Controller's Office
    MukatA's Avatar
    MukatA Posts: 7,110, Reputation: 176
    Tax Expert
    		  
    #3

    Mar 28, 2008, 11:46 AM
    Any amount or property you inherit, you don't pay any federal tax and CA also does not have any tax on inheritance. Read Your U.S. Tax Return: Tax on Inheritances

    If the estate of the deceased in over 2 million, then there is estate tax liability, which is handled by the personal representative of the deceased.
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