Feb 1, 2008

Pass-Through of Income Tax Liability

QUESTION: My husband's father and step-mother owe the IRS thousands of dollars for back taxes. We were wondering if they die before this is paid off will it be passed onto us.
I don't know if this matters, but they live in Washington State. We live in Georgia.

ANSWER: Thanks for your question. Although we are not qualified to speak on individual state matters, we can let you know that the overdue taxes owed to the IRS at their deaths are subject to an estate tax lien. Any unsecured assets may be attached for collection of back taxes. Also, the IRS does have the right to issue a "transferree assessment" to the deceased couple's heirs. To receive a more detailed answer to your question, we suggest you consult a estate tax attorney in your area.

2 responses:

IRS Help For You February 2, 2008 at 3:56 PM  

This was a great question, one in which I have not ever thought about.

Anonymous,  February 2, 2008 at 3:56 PM  

This was a great question, one in which I have not thought about

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