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If someone in Saginaw,mi united states were to inherit $100,000.00 ,would they have to pay inheritance taxes?

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If someone in Saginaw,mi united states were to inherit $100,000.00 ,would they have to pay inheritance taxes?

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  1. Never

    The estate settles any and all tax liabilities

    Heirs are never taxed


  2. There is no federal "inheritance tax."  Any estate tax is paid by the deceased's estate prior to distribution of the assets.  Don't know about MI state taxes.
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