marital deduction
Definition
A tax provision that allows one spouse to transfer upon death an unlimited amount of property to his/her spouse without incurring estate or gift tax.
 Cite this definition
Related Terms
deduction
Related Research Articles from the InvestorGuide.com University
Audits and Fraud
Learn everything you need to know about correspondence audits, office audits, and field audits. Also describes tax shelters, and how to avoid abusive and illegal ones.
Taxes and Your Retirement
It's always a good idea to plan for the future. Learn about the taxes associated with social security, pensions, annuities, 401(k) plans, and IRAs.
Taxes
Do you pay too much in taxes? Here we describe the basics of taxes and provide tips for legally reducing your tax burden, including knowing the laws, keeping good records, planning year-round rather than just in April, and contributing to a retirement plan like a 401(k) or IRA.
Featured Sponsor
Start earning $200 to $900 a day working at home. No experience necessary. Money-back guarantee.
|
