Nebraska inheritance tax

Forum|Forum|4 years ago
February 27, 2022
5 replies
22 views

Is anyone familiar with Nebraska... Client inherited property in Nebraska and paid 100K in inheritance tax. Does anyone have experience with that? Client lives in Virginia. Nothing on Sch A?

ProSeries Professional

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Just-Lisa-Now-

Intuit Community Champion

100k seems like a lot, but I guess its possible depending on the value of what they inherited. Youre trying to decide if this tax can be included as state and local taxes?

https://www.nolo.com/legal-encyclopedia/nebraska-inheritance-tax.html

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G

GretaAuthor

Level 7

Client inherited an operational farm from an uncle in Nebraska. She paid an inheritance tax according to the link you sent. I don't suppose there is any DEDUCTION anywhere for something like this whether in Nebraska (where she files taxes on the farm income sourced there), or on federal return.

Just-Lisa-Now-

Intuit Community Champion

I found this https://pocketsense.com/inheritance-tax-deductible-5976942.html

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