Home     Law Advice     Insurance Advice     Community    
        View All Law Topics        Free Case Review        Legal Resource Directory        FreeAdvice Answers       
Home > Law Advice > Income Tax Law > Stock Transfers Taxability Estate
Income Tax Law
  All States      
What are the tax consequences of transferring stocks to the estate of the deceased vs. directly to the heirs?

If the stocks are transferred to the estate, then dividend income and gain or loss on the sale of the stocks is income or loss of the estate for income tax purposes (An estate with income files an income tax return). If the stock is transferred to the beneficiaries, the income or loss from the stock is income or loss of the beneficiaries for income tax purposes.



Related Information
» General Income Tax Law Questions
» 2006 Federal Tax Articles
» Tax Articles
» Adoption
» Alimony (spousal support)
» Audits
» Calculation
» Capital assets
» Child support
» Child's dependency exemption
» Collection
» Decedent's final return
» Deductions
» Dependents
» Gains and losses
» IRA
» LLC members share
» Loans
» Marriage
» Mortgage payments
» Nursing home expenses of a dependent
» Pension and benefits
» Prizes and awards
» Refunds
» Social security benefits
» Tax amnesties
» Tax evasion
» Terms defined
» Worthless securities

Topics Related To Income Tax Law
» Tax Law
» Corporate Tax Law
» Estate Tax Law
» Gift Tax Law
» Income Tax Law
» Property Tax Law
» Tax Enforcement
 
FREE CASE REVIEW
 



» Ask a question in our legal forum

» Search our legal resource directory

» Find an attorney in your area

» Let us find a lawyer for you




HACKER SAFE certified sites prevent over 99.9% of hacker crime. State Law Center  |  Legal Resource Directory  |  Legal Articles  |  Insurance Advice and Quotes  |  FreeAdvice Answers  |  Community Forums
Media  |  Privacy Policy  |  About Us  |  Contact Us

FreeAdvice® has been providing millions of consumers with outstanding legal and insurance information and general advice, free, since 1995. While not a substitute for personal advice from a licensed professional, FreeAdvice is available AS IS, subject to our disclaimer and conditions of use.
FreeAdvice®, AttorneyPages®, ExpertPages® are registered trademarks and units of Advice Company.
All Rights Reserved © 1995-2009