EarlineLaBuy
Level 3
06-29-2022
07:24 PM
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I am filing a Form 706 for an estate that is over $11,700,000, (died in 2021). How do I file the CA return and pay the taxes due to CA? Can I do this in Lacerte?
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sjrcpa
Level 15
06-29-2022
08:00 PM
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You don't. CA does not have estate tax.
The more I know the more I don’t know.
EarlineLaBuy
Level 3
06-30-2022
05:02 PM
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When did CA get rid of their estate tax?
joshuabarksatlc
Level 10
07-04-2022
03:07 AM
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There is currently no estate tax, inheritance tax, or generation skipping transfer tax in California for any person with a date of death as of January 1, 2005 or after.
Under the old law, CA estate tax was a "pickup tax". When federal repealed the state credit, CA estate tax ended.
There are enough living people to tax in CA.
I come here for kudos and IRonMaN's jokes.
