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Inheritance Tax: What It Is, Who Pays and State-Specific RulesYou can start this week. An inheritance tax is a state tax that is levied on inherited money or property and is paid by the beneficiaries. There are very few states that currently have an ...
Inheritance taxes are imposed on items left to an individual by someone deceased. The tax rate to be paid varies depending on what is left to the individual, and broadly speaking, the more ...
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