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.)
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.)
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?
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