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2. Marital deduction - Wikipedia

   en.wikipedia.org/wiki/Marital_deduction

   The U.S. federal estate and gift tax marital deduction is only available if the surviving spouse is a U.S. citizen. For a surviving spouse who is not a U.S. citizen, a bequest through a Qualified Domestic Trust defers estate tax until the principal is distributed by the trustee, a U.S. citizen or corporation who also withholds the estate tax ...

3. Netting $800k from Your Home Sale? Learn How to Minimize ...

   www.aol.com/im-selling-house-netting-800k...

   Consider consulting a financial advisor to plan a tax strategy for your home sale and beyond. Bottom Line When you sell your home, you can take a $250,000 (single) or $500,000 (joint) exclusion ...

4. Filing status - Wikipedia

   en.wikipedia.org/wiki/Filing_status

   An individual's tax liability depends upon two variables: the individual's filing status and the taxable income. [16] The status can determine the correct amount of tax, whether the taxpayer can take certain tax deductions or exemptions that could lower the final tax bill, and even whether one must file a return at all. [17]

5. Estate tax in the United States - Wikipedia

   en.wikipedia.org/wiki/Estate_tax_in_the_United...

   Of these deductions, the most important is the deduction for property passing to (or in certain kinds of trust, for) the surviving spouse, because it can eliminate any federal estate tax for a married decedent. However, this unlimited deduction does not apply if the surviving spouse (not the decedent) is not a U.S. citizen. [29]

6. Property Taxes: How To Avoid the IRS Coming After Your ... - AOL

   www.aol.com/property-taxes-avoid-irs-coming...

   The IRS lets you exclude up to $250,000 ($500,000 for married joint filers) in capital gains from capital gains tax from the sale of your primary home. If your second home is appreciating faster ...

7. 6 Tax Deductions Seniors Might Not Know About - AOL

   www.aol.com/6-tax-deductions-seniors-might...

   The official tax filing day in the U.S. is Tuesday, April 18 this year. And if you're trying to qualify for every deduction you can, you need to know what's available to you before you drop your ...