fpc
Level 4

State tax filing

Good news!

 

So that would seem to indicate that the estate should receive all of the withheld tax back.

 

The title company first informed me of the necessity to have 2% tax withheld.  I asked whether the tax was a capital gains tax and they informed me that it wasn't.  It was just a way for Colorado to get their share.  I had no idea what that meant and obviously, like me, they had no idea what the tax was for either.

 

Thanks for the help!