If person dies in 2004, and estate distributions are made in 2007 and 2008, which year is the estate tax rate applied to?
tks all
bw
Estate Taxes
May 15, 2008
1 Replies
Do you mean the estate tax exemption? The year of death of the relevant time. Estate tax returns are supposed to be filed within nine months of the date of death. The date of distrubution is largely irrelevant.
Stu
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