Do I owe NY inheritance tax (mom passed away and left a trust). I live in VT the amount is 100,000.00
Neither New York nor Vermont impose an inheritance tax, but both impose an estate tax. However, if the entire estate is valued at $100,000, then it would appear to be well under the threshold for filing.
Do I owe NY inheritance tax (mom passed away and left a trust). I live in VT the amount is 100,000.00
Neither New York nor Vermont impose an inheritance tax, but both impose an estate tax. However, if the entire estate is valued at $100,000, then it would appear to be well under the threshold for filing.
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