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Do beneficiaries pay taxes 2024?

Benjamin Turner | 2023-05-07 12:08:05 | page views：1001
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Zoe Martin

Studied at the University of British Columbia, Lives in Vancouver, Canada.
Introduction. An inheritance tax is a state tax that you pay when you receive money or property from the estate of a deceased person. Unlike the federal estate tax, the beneficiary of the property is responsible for paying the tax, not the estate. However, as of 2017, only six states impose an inheritance tax.
2023-05-13 12:08:05
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Owen Martin

QuesHub.com delivers expert answers and knowledge to you.
Introduction. An inheritance tax is a state tax that you pay when you receive money or property from the estate of a deceased person. Unlike the federal estate tax, the beneficiary of the property is responsible for paying the tax, not the estate. However, as of 2017, only six states impose an inheritance tax.
What Are Inheritance Taxes? - TurboTax Tax Tips & Videos
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