answersLogoWhite

0


Best Answer

You don't have to pay taxes.. But the government says they tax the transfer property at your death..

User Avatar

Wiki User

11y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: Why do you have to pay death taxes?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

Do you have to pay taxes on an annuity you get monthly for a wrongful death?

NO


Do you pay taxes from annuity from husbands death?

YES!


Can you choose whether or not to pay taxes?

No. There are only two certainties in life: death and taxes. If you don't pay your taxes, they (the taxing body) will find you and get payment.


If you received money for an accidental death do you have to pay taxes on it?

of course you do


Do hobos have to pay taxes?

No, people only have to pay taxes on things they own or use. There is no death tax instated in the United States, so one does not have to pay a tax simply to live.


Can you invest death benefits tax-free?

No. You do not pay tax on the death benefits when you receive them but you do have to pay taxes on investment income from such benefits as anything else.


Who said you only have to pay taxes and die?

The quote is "The only thing certain is death and taxes." and Benjamin Franklin said it.


Are there any laws on death and taxes due after death?

No , if someone dies and there estate is worth alot of money taxes may be taken out before the money is distributed to the family or heirs. If you have a spouse they will have to still pay the taxes.


What happened when the peasant's didn't pay taxes?

They were punished in several ways or put to death.


What taxes do you pay?

Un-answerable. (first by "you" I suspect you mean "everyone").All taxes are paid by someone, or something (a company for example).But not everyone pays all taxes, certainly not all the time.What taxes are paid depends on what you define as taxes, who, what, where you are and what your doing..as well as many other things. (For example...you could well pay "death" taxes...that is taxes due upon the transfer of your assets on death...but it seems true, you'll only pay those once, and only if you have assets of the type and amount that these taxes apply to).Change the request to "How many citizens of Wisonsin pay state income tax?"


Who did the vassals have to pay taxes to?

The king, the local lord, and the church. They even had a death tax due at death. hope it helps (:(:(:^OYO^:):):)


Do state police pay taxes?

Yes, they pay taxes. If you work you pay taxes no exceptions.