The amount of remaining assets in a decedent's estate that is subject to taxation. This amount is determined by taking the total value of the estate and subtracting any obligations that may exist such as bills or other obligations. The taxable amount is then assessed a tax and is paid out before the remainder of the estate is paid out to heirs or beneficiaries.
Related information about taxable estate:
- Taxable Estate Definition | Investopedia
The total value of a deceased person's assets that are subject to taxation - minus liabilities and minus the prescribed tax-deductible portion of assets left behind ...
- Estate tax in the United States - Wikipedia, the free encyclopedia
The estate tax in the United States is a tax imposed on the transfer of the "taxable estate" of a deceased person, whether such property is transferred via a will, ...
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Aug 14, 2012... certain deductions (and in special circumstances, reductions to value) are allowed in arriving at your "Taxable Estate." These deductions may ...
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A source of taxation strategies and information…impacting your bottomline. Reviewed: July 2000. GROSS ESTATE AND TAXABLE ESTATE. Parman R. Green ...
- 26 USC § 2106 - Taxable estate | LII / Legal Information Institute
(a) Definition of taxable estate. For purposes of the tax imposed by section 2101, the value of the taxable estate of every decedent nonresident not a citizen of the ...
- How to Calculate Your Estate Tax Liability - Estate Taxes - Federal ...
From your net estate is then subtracted your available federal estate tax exemption to arrive at your taxable estate. The federal estate tax exemption for the 2010 ...
- Taxable Estate: Definition from Answers.com
portion of an estate subject to the unified transfer tax of the federal government and to state taxes where applicable.
- Taxable Estate - Financial Dictionary - The Free Dictionary
That portion of a deceased person's estate that is subject to transfer tax. Taxable Estate. The value of an individual's estate that is subject to taxation. The taxable ...