Yes, you will have to pay taxes on any estate money received.
Generally the taxes are paid by the estate.
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.
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.
Yes someone is supposed to report the sale of the land from the estate and if pay any income taxes that may be due on the sale of the land from the estate. The trustee or administrator of the estate or the beneficiaries of the estate.
Yes, you will have to pay taxes on any estate money received.
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.
Generally the taxes are paid by the estate.
Can I get help to pay my real estate taxes?
No, they did not. They were exempted from paying taxes. Only the 3rd estate (the bourgeoisie) had to pay taxes.
the members of the third estate had to pay money
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.
Their estate has to pay any taxes due up to the day they died.
The estate has to file a tax return each year. The taxes are due before the estate can be closed.
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.
No you do not pay any taxes on it but the estate may have already paid taxes if the estate is large enough
That will depend on the value of the estate. The executor will have to file a tax return with the IRS for the estate.