Question

Compare and contrast your state’s taxation of inheritance with federal taxation of inheritance?

Answer 1

Florida

Answer 2

Please help

Answer 3

Florida does NOT have a state tax on inheritence, and inheritence is not considered income to be federal taxed on, but income made from those inheritences are considered as income.

Answer 4

thank you

Answer 5

You're welcome.

Answer 6

Also, next time, questions like this go in `Finance` just for your information.

Answer 7

It was from my math class thats why I put math. Sorry

Answer 8

Yeah, it's okay, I saw where you were coming from.