sjrcpa
Level 15
03-11-2022
09:14 PM
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It's not deductible.
Code Section 164 lists deductible taxes. Inheritance taxes are not listed.
Section 275(a)(3) expressly denies a deduction for "Estate, inheritance, legacy, succession, and gift taxes"
It does not distinguish between federal and state ones.
The more I know the more I don’t know.