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Estate tax in the United States - Wikipedia


The estate tax in the United States is a tax on the transfer of the estate of a deceased person. .... of the pre-deceased spouse's credit that was not previously used (e.g. a husband died, used ...

The Surviving Spouse Estate Tax Trap - Forbes


Mar 25, 2015 ... Portability is still tripping up surviving spouses and their advisors, and the ... 1, 2011 when the estate tax exclusion amount—the amount an individual can ... The IRS initially gave relief to those who died in the first half of 2011.

Death in the Family - TurboTax Tax Tips & Videos


When a taxpayer dies, a new taxpaying entity – the taxpayer's estate – is born to .... spouse, which is available only for the tax year in which the spouse dies.

Tax Filing Status After Death Of Spouse: What Do I Do? | Bankrate.com


Jan 22, 2015 ... The tax-filing status after the death of a spouse is fairly straightforward. If your spouse dies during the year, the IRS considers you married for ...

Taxes after the death of a spouse - MarketWatch


Feb 27, 2013 ... If your spouse died last year, it of course affects your 2012 federal income tax return. But there are other tax implications as well. Here are four ...

A New Tax Break for Married Couples - WSJ


Jul 10, 2015 ... The new IRS rules allow spouses to pass nearly $11 million of ... after the first spouse dies,” says Laura Hirschfeld, an estate-tax lawyer at ...

My spouse passed away this year. When I file my taxes, what filing ...


When I file my taxes, what filing status should I claim? ... Married filing jointly: You can usually file a joint return for the year your spouse died. ... can file as a qualifying widow(er) in each of the two years following the year of your spouse's death.

Estate Tax - IRS.gov


The Estate Tax is a tax on your right to transfer property at your death. ... debts, estate administration expenses, property that passes to surviving spouses and ... for decedents dying in 2009; and $5,000,000 or more for decedent's dying in 2010 ...

Filing Taxes for the Deceased - Form 1041 & More | H&R Block®


Your spouse died in 2016 before filing a return for 2015. ... Your spouse's income for the tax year earned until the date of death; Your income for all of 2015.

How Does Death of a Spouse Affect Income Taxes? | Hull Financial ...


This article examines the income tax implications of the death of a spouse ... Regardless of if the spouse dies on January 1 or December 31, the survivor can file ...

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Estate Tax: Will Your Estate Have to Pay? | Nolo.com


For example, say a man dies and leaves $4 million to his widow; no estate tax is owed because property left to a spouse is tax-free. The widow then dies, leaving  ...

How the Death of a Spouse Affects Taxes and Retirement Income


Nov 20, 2014 ... How the Death of a Spouse Affects Taxes and Retirement Income ... an income for as long as you live, however, the pension dies with you.

Filing as a Widow(er) – Tax Guide • 1040.com – File Your Taxes ...


When your spouse dies, you may be able to file as a qualifying widow(er) with ... If the deceased spouse owes any taxes that the estate can't pay, you as the ...