Are student loans tax-deductible?
An estate tax return is a document that must be filed with the California Department of Tax and Fee Administration if someone has died with a taxable estate in California. An estate is the amount of money and property a person owns when they pass away. The estate tax return filed in California reports the value of those assets and any estate taxes that may be due. It is the responsibility of the personal representative (executor or executrix) appointed to administer the deceased’s estate to prepare and file the estate tax return. The filing of the estate tax return initiates the trust administration process. The estate tax return is used by the department to calculate any taxes due to the state. Depending on the value of the estate, a tax return may need to be filed even if no tax is due. Failure to file the return can result in penalties or other legal consequences.
Related FAQs
Are there any programs to help lower student loan payments?How can I reduce the interest rate on my student loans?
Are student loans tax-exempt?
Are student loans transferable to another person?
What happens if I miss student loan payments?
How do I qualify for student loan forgiveness?
How do I check my student loan status?
What are the tax implications of student loan payments?
Is student loan debt forgiven after death?
Can I make payments on my student loan while I’m in school?
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