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Get your taxes done using TurboTax
Hi,
So sorry for your loss.
In 2022, the federal estate tax ranges from rates of 18% to 40% and generally only applies to assets over $12.06 million; however, there just isn't enough information here for us to really help. Feel free to add more details and repost here.
That said, federal and state-imposed estate taxes can have very specific rules. If you have a significant estate, you may wish to consider seeking the advice of a local qualified tax professional and/or estate attorney well versed in your state's and the federal rules.
Regards,
Karen
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‎October 26, 2022
2:02 PM