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Estates pay taxes on income and may have to pay inheritance taxes.

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13y ago

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Do you have to pay taxes on estate money received?

Yes, you will have to pay taxes on any estate money received.


Clergy and nobles did not pay these?

Taxes. During the old regime the Clergy (1st estate) and the Nobility (2nd estate) did not have to pay taxes, meaning the bourgeoisie (3rd estate) had to pay all the taxes.


Do you pay estate taxes on property left to you?

Generally the taxes are paid by the estate.


Who paid more taxes third estate or 1st estate?

No, they did not. They were exempted from paying taxes. Only the 3rd estate (the bourgeoisie) had to pay taxes.


What taxes did members of third estate have to pay?

the members of the third estate had to pay money


Do I have to pay estate taxes on inheritance property?

Yes, you will have to pay estate taxes on inherited property. In the United States an estate taxes is always imposed on the transfer of the "taxable estate" of a deceased person. Have already paid state taxes for CA. in FEB. Are there going to be more? I've paid taxes, is there aditional taxes included.


Do you have to pay taxes of a deceased person?

Their estate has to pay any taxes due up to the day they died.


What is the time limit to pay estate taxes after someone dying?

The estate has to file a tax return each year. The taxes are due before the estate can be closed.


Is inherited cash taxable income?

No you do not pay any taxes on it but the estate may have already paid taxes if the estate is large enough


Who pays taxes on estate that is controlled by the executor?

The executor of an estate uses the assets of the estate to pay any taxes or other debts owed by that estate. If it should turn out that the taxes owed exceed the value of the estate, then the executor pays as much as the estate consists of, after which there is no longer an estate.


Will you need to pay estate taxes?

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


What is damiyo?

daimyo are estate owners that pay no taxes to the government