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> Beneficiaries still have to pay an inheritance tax. Only on amounts above US$ 12.9M (federally), but there is no tax if the estate passes to the spouse: * h
by throw0101a 3y ago
> Beneficiaries still have to pay an inheritance tax.
Only on amounts above US$ 12.9M (federally), but there is no tax if the estate passes to the spouse:
* https://www.investopedia.com/estate-tax-exemption-2021-definition-5114715 https://www.investopedia.com/estate-tax-exemption-2021-defin...
* https://www.investopedia.com/terms/i/inheritancetax.asp https://www.investopedia.com/terms/i/inheritancetax.asp
How many estates are above that? In 2021, "only 2,584 estates paid a positive federal estate tax."
* https://en.wikipedia.org/wiki/Estate_tax_in_the_United_States https://en.wikipedia.org/wiki/Estate_tax_in_the_United_State...
* https://www.irs.gov/statistics/soi-tax-stats-estate-tax-filing-year-tables https://www.irs.gov/statistics/soi-tax-stats-estate-tax-fili...