Estate Tax-Federal Estate Tax

supergirl0114 asked: When I was doing my taxes for 07′ I realized I forgot to report my real estate taxes I paid last year. At first I wasn’t sure how this would affect my taxes so I acted like I didn’t report it this year either and it made my refund go down….so I [...]

Homeroots asked: i am going to be the owner on an Indiana property. would i be able to avoid estate taxes if I add my sister and my husband as co-owners, instead of putting them on my will? thanks.Marci Jerkin

Share and Enjoy:

Jani N asked: My sister and I aquired a liability in the form of a Deed of Trust in May 2005 from a parent in ill health. In Dec. 2005, we started forclosure proceedings. Early 2006, a Quit Claim Deed (In Lieu of Foreclosure) was conveyed to myself and my sister, making us [...]

Sarah H asked: My father passed away three years ago. My Brother was exector of the estate and my father left one of 6 properties to myself. Well my brother has not been able to pay the estate tax after the estate was filed and hence there is an estate tax [...]

Sport A asked: I am doing my Taxes online and I have a question. I am a homeowner, and on my form It has two different boxes. I have a real estate box, asking how much I have paid in real estate taxes and I have a property tax box, asking how much I paid [...]

Kent C asked: To my surprise, I have recently found out that the government has been imposing an inheritance tax which looks to me to be a bit outrageous. According to this information, anyone inheriting an estate valued over $2,000,000 would have at LEAST 55% of it taken as “tax” by the federal govt. I [...]

Nir S asked: if I have a company, for the sake of the matter lets use a LLC, that LLC is taxed as a cooperation and not a partnership or a sole proprietor. How much income tax would I pay on Rental Income that the company generated?Esther Vari

Share and Enjoy:

janet asked: got a bill for real estate tax (from Jan to Jun, 2009) which is $1136.65 but I’m paying the portion of real estate tax with my mortgage every month. I’m paying $1217.31 which are $948.78 (for Principal and interest) + $189.45 (for city/town tax).
I don’t understand why they billed me for real estate [...]

janet asked: I got a bill for real estate tax (from Jan to Jun, 2009) which is $1136.65 but I’m paying the portion of real estate tax with my mortgage every month. I’m paying $1217.31 which are $948.78 (for Principal and interest) + $189.45 (for city/town tax).
I don’t understand why they billed me for real [...]