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http://turbotax.intuit.com Understand estate tax laws and find out how to avoid them with this informative video from TurboTax. ...
Walk through an explanation of the federal estate tax and determine if it applies to you.
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Hello, I'm Sara from TurboTax, with some information about the estate tax. It's hard enough dealing with the loss of a loved one without having to worry about paying more taxes, but the good news is most of you will never have to deal with the estate tax. The estate tax generally effects only the top two percent of the wealthiest individuals and was never intended to apply to the average taxpayer. However, here is how it works. When a taxpayer passes away the government looks at the amount of property and money that a person leaves to their heirs. Each year the government determines the value of this property which can be passed on without having to pay estate taxes on it. The amount changes from year to year but it generally ranges from one million dollars to 3.5 million dollars. These high exclusion amounts ensure that most Americans never have to worry about the estate tax. However, if you think that the estate tax might apply to you there are many things you can do to prepare and avoid it. Oftentimes, you can donate a portion of your wealth to your favorite charity to reduce the value of your estate or leave everything you own to a spouse. Luckily the estate tax law permits a spouse to inherit all of your property without any tax consequences. For more information about this and other tax topics, please visit TurboTax.com.
Hola, soy Sara de TurboTax, con información sobre el impuesto al patrimonio. Ya es bastante difícil hacer frente a la pérdida de un ser querido sin tener que preocuparse por pagar más impuestos, pero la buena noticia es que la mayoría de ustedes nunca tendrán que lidiar con el impuesto al patrimonio. El impuesto al patrimonio en general afecta sólo al dos por ciento de los individuos más ricos y nunca se pretendió que se tuviera que aplicar al contribuyente promedio. Sin embargo, así es como funciona. Cuando un contribuyente fallece, el gobierno mira la cantidad de propiedades y el dinero que una persona deja a sus herederos. Cada año, el gobierno determina el valor de estas propiedades que pueden ser transmitidas sin tener que pagar impuestos sobre el patrimonio por ellas. La cantidad cambia de año en año, pero por lo general oscila entre un millón de dólares a 3,5 millones de dólares. Estas elevadas cantidades de exclusión aseguran que la mayoría de los estadounidenses nunca tengan que preocuparse por el impuesto al patrimonio. Sin embargo, si piensas que el impuesto al patrimonio se puede aplicar en tu caso hay muchas cosas que puedes hacer para prepararte y evitarlo. A menudo, puedes donar una porción de tu riqueza a tu organización de caridad favorita para reducir el valor de tus bienes o dejar todo lo que posees a un cónyuge. Por suerte, la ley del impuesto a los bienes permite a un cónyuge heredar todos tus bienes sin consecuencias fiscales. Para obtener más información acerca de éste y otros temas tributarios, por favor visita TurboTax.com