Apologies
heathcliffe
location: woods
listening to: silence
registered: 2008.11.18
posts: 956
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The other day I wrote that inheritance taxes had been revoked. Listening
to the President last night I learned that it was only on certain entities.Image result for inheritance tax federal
For 2017, the Federal Estate and Gift Tax Rate is 40%. This means that, if
the total value of your estate at death, plus any gifts made in excess of
the annual gift tax exemption, exceeds $5.49 million, the amount above
$5.49 million will be subject to a 40% tax.
H
heathcliffe
(view)
The other day I wrote that inheritance taxes had been revoked. Listening
to the President last night I learned that it was only on certain entities.Image result for inheritance tax federal
For 2017, the Federal Estate and Gift Tax Rate is 40%. This means that, if
the total value of your estate at death, plus any gifts made in excess of
the annual gift tax exemption, exceeds $5.49 million, the amount above
$5.49 million will be subject to a 40% tax.
