enow.com Web Search

Search results

  1. Results from the WOW.Com Content Network
  2. Ohio estate tax - Wikipedia

    en.wikipedia.org/wiki/Ohio_estate_tax

    Because of tax credits, the effective lower limit on taxable estates was $338,333. Ohio also allowed a "marital deduction" equal to the net value of any asset passing to the surviving spouse. In 2005, another inheritance-related tax, called the Ohio additional estate tax or "pick-up tax", was eliminated [1] (see entry at "sponge tax").

  3. Uniform Gifts to Minors Act - Wikipedia

    en.wikipedia.org/wiki/Uniform_Gifts_to_Minors_Act

    Tax law changes in 1986, 2006, 2007 and 2017 known as the "kiddie tax" have substantially reduced the tax savings of UGMAs and UTMAs. [ citation needed ] Until 2018, for beneficiaries under 19 (under 24 if a student), the first $1,000 of unearned income was tax-free, the second $1,000 was taxed at the minor's rate (typically 15%), and the ...

  4. Marital deduction - Wikipedia

    en.wikipedia.org/wiki/Marital_deduction

    Marital deduction, often referred to as gift to spouse, is a type of deduction that allows a person to give his or her spouse a gift with reduced or no tax imposed upon the transfer, for transfers given in a calendar year. [18] Some marital deduction laws even apply to transfers made postmortem.

  5. Ohio Divorce Laws - AOL

    www.aol.com/finance/ohio-divorce-laws-022338894.html

    Divorce is an unfortunate reality of life, as many marriages simply don’t stand the test of time. ... Continue reading → The post Ohio Divorce Laws appeared first on SmartAsset Blog. Skip to ...

  6. If I Give My Child $30,000 Towards Their Wedding, Do I Have ...

    www.aol.com/worry-gift-tax-pay-30-122213798.html

    The post Do I Need to Worry About the Gift Tax If I Pay $30,000 Toward My Child's Wedding? appeared first on SmartReads by SmartAsset. ... cash to your child. Spread gifts over multiple years ...

  7. Estate tax in the United States - Wikipedia

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

    The fiscal year 2014 budget called for returning the estate tax exclusion, the generation-skipping transfer tax and the gift-tax exemption to the 2009 level, $3.5 million, in 2018. [45] The exemption amounts set by the Tax Cuts and Jobs Act of 2017 , $11,180,000 for 2018 and $11,400,000 for 2019 again have a sunset and will expire 12/31/2025

  8. Your Guide to Donor-Advised Fund Tax Deductions - AOL

    www.aol.com/finance/guide-donor-advised-fund-tax...

    For premium support please call: 800-290-4726 more ways to reach us

  9. Gift tax in the United States - Wikipedia

    en.wikipedia.org/wiki/Gift_tax_in_the_United_States

    Without the gift tax, large estates could be reduced by simply giving the money away before death, thus escaping any potential estate tax. Gifts above the annual exemption amount act to reduce the lifetime gift tax exclusion. [14] Congress initially passed the gift tax in 1932 at a much lower rate than the estate tax, a full 25% under the ...

  1. Related searches tax deduction gift to child under 12 years of death in ohio divorce process

    ohio estate tax historyohio estate tax repeal