This will vary from place to place
They claim it on the estate taxes as a deduction. It has to be to an approved charity.
If the property is in the estate, the estate is responsible for them. You are entitled to be reimbursed if you have paid them for the estate. Submit your claim to the executor.
Consult the Federal tax instructions. There are a number of items in the closing costs that can be deducted.
Generally the taxes are paid by the estate.
can you claim street clothes on you taxes
They claim it on the estate taxes as a deduction. It has to be to an approved charity.
If the property is in the estate, the estate is responsible for them. You are entitled to be reimbursed if you have paid them for the estate. Submit your claim to the executor.
Yes, they can sue the executor. They breached their duty if they did not resolve the taxes before closing the estate.
Yes, if the property was owned by the decedent and the Will provides that it be sold. In that case, the executor must carry out the provisions in the Will unless the provision is changed by a court order. It is assumed that there are other heirs besides the ones who paid the taxes on that property. The heirs who paid the taxes can file a claim against the estate for the amount they paid in taxes and they can offer to buy the property from the estate if they wish to keep it. They should speak with the attorney who is handling the estate.
Consult the Federal tax instructions. There are a number of items in the closing costs that can be deducted.
Generally the taxes are paid by the estate.
No, they did not. They were exempted from paying taxes. Only the 3rd estate (the bourgeoisie) had to pay taxes.
Yes. The creation of an estate and liquidation of assets and debts is the only way to close it out.
Estate taxes are levied on the entire estate of a person.
can you claim street clothes on you taxes
The executor of an estate uses the assets of the estate to pay any taxes or other debts owed by that estate. If it should turn out that the taxes owed exceed the value of the estate, then the executor pays as much as the estate consists of, after which there is no longer an estate.
this was from a previous years filing, they audited and it had to be paid back