Search results with tag "Estate tax deductions"
2021 Form CT-706 NT Instructions Connecticut Estate Tax ...
portal.ct.govTherefore, Connecticut estate tax is due from a decedent’s estate if the Connecticut taxable estate is more than $7.1 million. The Connecticut taxable estate is the sum of: • The decedent’s gross estate, as valued for federal estate tax purposes, less allowable federal estate tax deductions, as determined under
CT-706 NT Instructions, Connecticut Estate Tax Return (for ...
portal.ct.govEnter allowable estate tax deductions as computed for federal estate tax purposes (other than the deductions allowable for state death taxes under I.R.C. §2058) even if no federal estate tax return was required. Subject to federal rules, allowable deductions may include all or a part of:
Estate Tax deductions - Gudorf Law Group, LLC
www.daytonestateplanninglaw.comnews is that these expenses are deductible on your es-tate tax return, which in turn, can produce estate tax savings for your family. The even better news is that if you do not owe an estate tax at your death, many of these expenses can instead be taken as income tax