Yes, you should keep your brother's Idaho estate separate from your Missouri taxes. Here are some key points:
- No Estate Tax in Idaho: Idaho does not have an estate tax or inheritance tax. This means you likely won't need to worry about state estate taxes for your brother's estate in Idaho.
- No Estate Tax in Missouri: Missouri also does not impose an estate tax. This means you likely won't need to worry about state estate taxes for your personal finances in Missouri.
- Separate Filing: Your tax advisor is correct. You should keep the estate's income and expenses separate from your personal Missouri taxes. This ensures clarity and avoids mixing personal and estate-related financial matters
If you need more detailed information, you can refer to the Missouri Department of Revenue and the Idaho State Tax Commission websites.
