Nataly4750 Nataly4750

30-06-2019
Mathematics

contestada

The date of death for a widow was 2017. If the estate was valued at $7.36 million and the estate was taxed at 40 percent, what was the heir's tax liability? (Enter your answer in dollars not in millions.) Heir's tax liability

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sqdancefan sqdancefan

30-06-2019

Answer:

zero

Step-by-step explanation:

The inheritance tax is paid by the estate. The heirs have no tax liability on the amount inherited.

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