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Q: When do I have to pay tax on inheritence?
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You were left money in a will Do you have to pay taxes on it?

There are many regulations regarding inheritence tax. You'll need to talk to your tax attorney or accountant.


You received an inheritence when your mom died in November 2009 She resided in NJ and you reside in PA Do you have to pay taxes on that money?

That will depend on the value of the estate. The executor will have to file a tax return with the IRS and the state of New Jersey for the estate.


List of direct and indirect taxes?

In India... the list of direct and indirect taxes.. is as following.. Direct Tax: Income tax corporation tax property tax inheritence (estate) tax & gift tax Indirect tax: customs duty, central excise duty, service tax, sales tax, value added tax (VAT), securities transaction tax


What is difference between tax free and taxable income?

You don't pay tax on the tax-free pay and you do pay tax on taxable income


Pay tax on inheritance in Canada?

do you have to pay tax on inheritance


If your father-in-law leaves an inheritence to your husband are you intitled to some?

According to property laws, inheritence is considered separate property which is owned by the heir. A spouse is not entitled to inheritence.


You are JTWROS Do you pay tax as a survivor?

I am a survivor on a jtwros account. Do i pay tax if it is under @600.000. Or do i just pay tax on the interest?


Borrowing money and now they are deceased to you have to pay back the estate.?

You still owed the money. The executor can ask you to pay back the loan. They can also credit it to any inheritence you may receive.


Can you get a tax refund if you did not pay tax?

NO


How many tax payers are there in Wisconsin and how many of them pay no tax pay no tax?

There are millions of tax payers in the state of Wisconsin. There is not official data as to how many of these taxpayers do not pay taxes.


What do you mean by inheritence?

Inheritence is somethingt that you are given. Like a gift in a way. ( Read Genesis 26 and 27)


Do you pay tax if you have no income?

You don't pay income tax. But you may still have to pay sales tax, gift tax, property tax, gas tax, motor vehicle tax, import duties, and any other taxes that may apply in your situation.