Withheld - not paid. Good point. So because of that, obviously I will have to file a Colorado estate return in order to have any chance of getting it back.
Do you know how to determine whether the withheld tax will be refunded? It seems the tax is a capital gains tax. Since the property was inherited, wouldn't that mean the cost basis becomes the value of the property at the time of the owner's death. So there wouldn't be any capital gain?
Thank you folks for the help with this.
