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To: Mamzelle
This year there is a 2 million dollar deduction that goes as high as near 4.5 million in 2000 I think.

Then I think it expires and might go back to something like the old 600k.

By the way, interesting piece of knowledge.

If you are not a USA citizen, the deductions don't exist and they owe in a big way past the first 20k or so.
100 posted on 06/09/2006 11:07:39 PM PDT by A CA Guy (God Bless America, God bless and keep safe our fighting men and women.)
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To: A CA Guy

That is 4.5 million by 2009.

2010 may see it all go away and back to something old like 600k.


103 posted on 06/09/2006 11:10:07 PM PDT by A CA Guy (God Bless America, God bless and keep safe our fighting men and women.)
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To: A CA Guy
re: If you are not a USA citizen, the deductions don't exist and they owe in a big way past the first 20k or so.)))

Really? How does inheritance of aliens in the US work? I didn't know this. I wonder why Bush hasn't thrown all his heart into changing this. If Vicente wants to live in the US, surely he can leave his feudalistic fortune to his kids?

104 posted on 06/09/2006 11:10:15 PM PDT by Mamzelle
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