Anyone dealing with an estate must consider various types of taxes. Here you'll find articles on the most common issues.
Do You Need to Pay Inheritance Tax?
You may need to pay taxes on money you inherit - depending on where the deceased person lived. Here are the basics of inheritance tax, including how it differs from the estate tax.
Capital Gains Tax on Inherited Assets
Will you owe capital gains tax when you sell assets you've inherited? It depends.
Must You Pay Income Tax on Inherited Money?
Beneficiaries generally don't have to pay income tax on money or other property they inherit, with the common exception of money withdrawn from an inherited retirement account (IRA or 401(k) plan).
Who Has To Pay Federal Estate Tax?
The answer is: hardly anyone. Only the very wealthy need concern themselves with estate taxes.
How to Determine Federal Estate Taxes
If you're not sure about whether or not the estate you're in charge of might owe federal estate tax, here are the rules you need to know.
"Portability" of Federal Estate Tax Exemptions
Married couples can get a big tax break if they own enough to be concerned about federal estate tax.