Welcome! | Ask A Question

 
 
Question

Asked 7/27/2010

What will the exemption be in 2011 for the death tax?

Does it go back to the 2002 amount of $100,000.00?

 
 
 
 
Answers

Answer 1/1 - Submitted 7/29/2010

I assume you meant estate tax? There are several proposals working their way through, if congress doesn't come up with an alternative before 2011, the exemption will be one million dollars.

 
 
 
 
Answer This Question Now

Type your Answer in the box below and post your answer.

Learn more about how this works

 
 
 

Related Questions (Ask a New Question)

 
Death tax and capital gains

My husband's father passed away in 2006. he and his siblings are now going through a sale of property that they have inherited since their grandmother passed. w/ the sale of this property that they have inherited - what kind of taxes will they pay? looking at capital gains - it depends on your...

See Answers

 
Can a father sell his home to a family member before he dies to avoid death tax on the home?

A father is worried about the death tax taking 55% of the value of his home when he dies. he is cared for by his daughter who lives with him. can he sell the home to his daughter or make her a joint owner in the home while he is still alive to keep from paying the death taxes upon his passing?

See Answers

 
Inheritance tax rates

Where do i go to find inheritance tax rates and how do i determine the state death tax. i live in texas.

See Answers

 
Related Questions

Death tax and capital gains


My husband's father passed away in 2006. he and his siblings are now going through a...

 

Can a father sell his home to a family member before he dies to avoid death tax on the home?


A father is worried about the death tax taking 55% of the value of his home when he dies....

 

Inheritance tax rates


Where do i go to find inheritance tax rates and how do i determine the state death tax. i...

 

Federal or state taxes on estate of $60k?


My mother died on july 6, 2008, and after all expenses have been paid, her estate will be...

 

Will we pay a tax on death benifits starting in 2011


This question also includes the home if one passes does the living partner have to pay a...

 

Estatechange201 0


What changes are expected after 2010 death tax.

 
 

See more Death Tax questions

 
 
 
 
 

Ask A Question

Ask a new question about
Death Tax: