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Get your taxes done using TurboTax
While New York doesn't charge an inheritance tax, it does include an estate tax in its laws. The state has set a $6.11 million estate tax exemption, meaning if the decedent's estate exceeds that amount, the estate is required to file a New York estate tax return. The estate tax rate in New York ranges from 3.06% to 16%.
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November 16, 2022
10:40 AM
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