Estate Tax-Federal Estate Tax

geekomedia asked:

My own musings on the subject of the estate tax

Jonathon Mcclaim

jebcollier asked:

All Things Money #61 Part 1: David Blain of DL Blain & Co., begins this segment with a look at the estate tax followed by details on charitable deductions and generation skipping transfers.

Lauren Wallace

Cj asked:


On schedule A, how much business tax liability is removed per appraised dollar value of real estate donation to a non-profit charity?

Sheryl Syndergaard

fairfaxcountygov asked:

Fairfax County has an annual assessment program where all real property, residential and commercial, is assessed at 100% of the estimated fair market value as of January 1 of each year. Real Estate Assessment values may increase or decrease due to a variety of reasons including changes in economic conditions, structural changes, land divisions, and rezonings. If you believe that your property has been over-assessed, you may appeal your assessment.Most homeowners pay Fairfax County’s real estate tax as part of their monthly mortgage payment. Their mortgage company then sends the homeowner’s taxes directly to the County. Some homeowners pay their real estate taxes directly to the County. For more information please visit www.fairfaxcounty.govPlease note: Fairfax County is not responsible for the content provided on “related” and “promoted” videos that are accessible from this county’s YouTube channel. All viewers should note that these related videos and comments expressed on them do not reflect the opinions and position of the Fairfax County government or its officers and employees.

Laraine Paree

Cigar that Bill Clinton Sniffs asked:


Tax deductions for :

1. Mortgage interest
2. Property taxes
3. Keep the capital gains when you sell
4. Pass the house on in your estate typically tax-free

Houses are one of the rare places you can stash a lot of cash, get deductions, and never pay taxes. So, that encourages people to have big homes, which use more energy and supposedly warm the globe even more than smaller houses. Right?

Jana Donoso

BillRaabeTax asked:

Dr Raabe adds some comments to the discussion about computing the Federal estate and gift taxes. Topics include the net gift, the retained life estate, and the use of powers of appointment.

Martina Pixler

TaxFoundation asked:

Tax Foundation President Scott Hodge quoted on the impact of potential changes to the estate tax rate.

Ian Gotts

idprobatelaw asked:

IdahoProbateLawVideos.com Taxes on your estate can be avoided or reduced if you plan effectively. In this video Susan Graham, a Idaho Elder Attorney, gives an overview on How to Avoid Taxes With Planning Your Estate. Taxes can be avoided if you plan effectively. There are two kinds that I’m concern about; Capital Gains tax and a death tax. If you’re careful you can give your children a great benefit by eliminating the capital gains tax when you die. Example House that you own for 100000. Give your house to your children and create a reserved life estate. You get to stay in the house for the rest of your life and still get a property tax break. Plus, your children get a stepped up basis. This saves your children 80000 in tax. The inheritance tax aka death tax rate start at 41% to 55% over a million dollars. There are many steps that you can take to get rid of that tax. Talk with a professional attorney to find out how. IdahoProbateLawVideos.com

Yon Ransbottom

Ricky Rocker asked:


For those who have trouble with numbers that is four million nine hundred ninety nine thousand nine hundred and ninety nine dollars.

Robt Aus

TheEyesThatSeek asked:


Is mortgage interest paid + Points + real estate taxes deductible only for federal or for both fed & state.

Thanks

Lucretia Darrup