SkipCaptcha
12,693
edits
Changes
Jump to navigation
Jump to search
mLine 3:
Line 3: − + + + − There is no tax on money received from a life insurance policy on a deceased.
Added hyperlinks
The Federal and state governments levy estate taxes in the U.S. As per legislation passed in 2001 and 2003, the federal tax is zero in 2010, and returned to 55% on sums over $2 million in 2011. There will be no tax on the first $1 million.
The Federal and state governments levy estate taxes in the U.S. As per legislation passed in 2001 and 2003, the federal tax is zero in 2010, and returned to 55% on sums over $2 million in 2011. There will be no tax on the first $1 million.
There is no tax on money given to charity.
There is no tax on money given to [[charity]].
There is no tax on money received from a [[life insurance]] policy on a deceased.