Estate Tax-Federal Estate Tax

gitrdone281 asked:


I’ve recently been named executor of my grandfathers estate and I’m wondering about how much income tax I will have to pay at year end (percentage wise).
I’ve recently been named executor of my grandfathers estate and I’m wondering about how much income tax I will have to pay at year end (percentage wise). I’m talking about federal only.

Taylor Blaskovich

Andrew S asked:


Trying to use Turbo Tax—-Asking for Property taxes (in PA), but doesn’t have a line or question about school, city or county taxes.

Gayle Sultzer

Zoser asked:


i read different news about it,,,when will it be applied? How much will it be?
sohow much tax,year, would be paid in a chalet for 5 million pound?? does any one know???????????

Marilu Sellinger

wwwwwwwwwww asked:


do you protect yourself?

Do you rent, and put your money offshore?

Bernie Shempert

ksm882000 asked:


Hi –
Receiving a distribution from a relative’s estate which was largely in a 401K…..will this distribution be taxed at a fixed rate or do we specify the rate…..or will it be taxed at our taxable income rate from our most recent tax return? We are in CA….will there be both Federal and State tax implications? MANY THANKS! Can’t really ask the trustee as they charge (greatly) for their time!

Benedict Steinmann

miron900 asked:


Hello,
My dad owns a real-estate property in California. He asked me if it’s a good idea to add me on his property in case something happens to him. I told him it might be wise to find out the tax ramifications (or any other ramifications for that matter). Anyone knows or knows where I can find out more info?

Thanks,

M

Collin Vandon

leenallrad asked:


While my Father was in a nursing home he gave most of his personal belongings to my sister, myself and his Grandsons. Do we now have to show what was given away (and/or sold) so those items can be listed as part of his estate when he died, and we have tp pay inheritance tax?

Erma Caccamo