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NYS Tax Department Changes to Certain Estate Tax Forms

NYS Tax Department Changes to Certain Estate Tax Forms

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hi everyone kelly longton from kelly longton law and today i want to talk to you about estate tax returns and how they're not as scary as they may sound now when an individual passes away tax issues are one of the many things that must be considered for most individuals who pass away a final income tax return must be filed with the irs and the state if that state has an income tax now much less common is that a federal estate tax return would also have to be filed federal estate tax returns they're designed to ensure that the federal government can properly assess the amount of estate taxes if any that are due upon the death of a taxpayer now while these types of returns are rarely filed today there's still a number of reasons why it may be beneficial beneficial to file such a return with the irs even if not necessarily required though a state estate tax return may be needed in some states especially in massachusetts so let's talk about who must file an

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