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    bellak's Avatar
    bellak Posts: 2, Reputation: 1
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    #1

    Feb 23, 2007, 06:56 PM
    Death tax
    Please explain about death inheritance tax in California and what is the tax credit

    Thanks
    AtlantaTaxExpert's Avatar
    AtlantaTaxExpert Posts: 21,836, Reputation: 846
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    #2

    Feb 24, 2007, 12:20 AM
    Go do the research on the California government tax websites.
    bellak's Avatar
    bellak Posts: 2, Reputation: 1
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    #3

    Feb 24, 2007, 08:35 PM
    Quote Originally Posted by AtlantaTaxExpert
    Go do the research on the California government tax websites.
    That was not the answer to my question. I know about California site. The answers there are too long and complicated. All I wanted was a short version on a definition of tax credit.
    AtlantaTaxExpert's Avatar
    AtlantaTaxExpert Posts: 21,836, Reputation: 846
    Senior Tax Expert
    		  
    #4

    Feb 25, 2007, 01:06 AM
    There IS no short answer.

    Estate and inheritance taxes are a separate area of the tax field. There are accountants who do NOTHING BUT estate taxes, and they are very well paid for it, because it is HARD WORK!
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