Assertion: estate | /r/HasProperty | taxable
Facets:
value: at the state level
type: OTHER
value: sometimes
type: TEMPORAL
Source sentences:
text: What Happens When an Estate Is Taxable?
text: John's estate, after deducting the costs of his funeral and the repayment of his debts, is taxable.
text: Next, he pays any debts and taxes, including estate tax in the United States, if the estate is taxable at the federal or state level.
text: Sometimes an estate can be taxable at the state level even if it's not taxable at the federal level, and this may require filing Form 706 even if no tax is due to the federal government.﻿﻿
text: If you miss this deadline and the estate is taxable, severe penalties and interest may apply.