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Submitted 112 days ago...
If inheritance tax rates go back to what they were in the 90's what would the rates be on 3 million dollar inheritance?
If I am going to inherit around 3 million dollars after 2010 what would be the rate I would owe the federal goverment? Would there be a penalty after a certain amount? My father has a revocable trust and I can inherit from him the $600,000.00 that was in place at the time of the writing of the trust. If things go back to what they were and theamount allowed is no longer as it is at this time I am unsure how much I would owe the IRS.
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