Estate Tax Complexity Illustrated by the 2010 “Voluntary” Estate Tax
Executors of 2010 estates had an unusual choice: either to file an estate tax return and possibly pay a 35% estate tax on amounts above $5 million or instead to choose to have assets pass without an estate tax but with a carryover in basis. The data are now in, and we can see that on average, execut...
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| Format: | Article |
| Language: | en_US |
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Institutional Investor Journals
2018
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| Online Access: | http://hdl.handle.net/1721.1/114697 https://orcid.org/0000-0003-3532-0998 |
| _version_ | 1826200539560411136 |
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| author | Gordon, Robert Joulfaian, David Poterba, James Michael |
| author2 | Massachusetts Institute of Technology. Department of Economics |
| author_facet | Massachusetts Institute of Technology. Department of Economics Gordon, Robert Joulfaian, David Poterba, James Michael |
| author_sort | Gordon, Robert |
| collection | MIT |
| description | Executors of 2010 estates had an unusual choice: either to file an estate tax return and possibly pay a 35% estate tax on amounts above $5 million or instead to choose to have assets pass without an estate tax but with a carryover in basis. The data are now in, and we can see that on average, executors of 2010 estates made the right decision. Thousands did choose to voluntarily file an estate tax return, but they wound up paying little or no estate tax. |
| first_indexed | 2024-09-23T11:37:59Z |
| format | Article |
| id | mit-1721.1/114697 |
| institution | Massachusetts Institute of Technology |
| language | en_US |
| last_indexed | 2024-09-23T11:37:59Z |
| publishDate | 2018 |
| publisher | Institutional Investor Journals |
| record_format | dspace |
| spelling | mit-1721.1/1146972022-10-01T04:57:03Z Estate Tax Complexity Illustrated by the 2010 “Voluntary” Estate Tax Gordon, Robert Joulfaian, David Poterba, James Michael Massachusetts Institute of Technology. Department of Economics Poterba, James Poterba, James Michael Executors of 2010 estates had an unusual choice: either to file an estate tax return and possibly pay a 35% estate tax on amounts above $5 million or instead to choose to have assets pass without an estate tax but with a carryover in basis. The data are now in, and we can see that on average, executors of 2010 estates made the right decision. Thousands did choose to voluntarily file an estate tax return, but they wound up paying little or no estate tax. 2018-04-13T15:02:27Z 2018-04-13T15:02:27Z 2016-04 Article http://purl.org/eprint/type/JournalArticle 1534-7524 2374-1368 http://hdl.handle.net/1721.1/114697 Gordon, Robert et al. “Estate Tax Complexity Illustrated by the 2010 ‘Voluntary’ Estate Tax.” The Journal of Wealth Management 19, 1 (April 2016): 27–33 © 2016 Pageant Media Ltd https://orcid.org/0000-0003-3532-0998 en_US https://doi.org/10.3905/jwm.2016.19.1.027 The Journal of Wealth Management Creative Commons Attribution-Noncommercial-Share Alike http://creativecommons.org/licenses/by-nc-sa/4.0/ application/pdf Institutional Investor Journals Prof. Poterba via Nick Albaugh |
| spellingShingle | Gordon, Robert Joulfaian, David Poterba, James Michael Estate Tax Complexity Illustrated by the 2010 “Voluntary” Estate Tax |
| title | Estate Tax Complexity Illustrated by the 2010 “Voluntary” Estate Tax |
| title_full | Estate Tax Complexity Illustrated by the 2010 “Voluntary” Estate Tax |
| title_fullStr | Estate Tax Complexity Illustrated by the 2010 “Voluntary” Estate Tax |
| title_full_unstemmed | Estate Tax Complexity Illustrated by the 2010 “Voluntary” Estate Tax |
| title_short | Estate Tax Complexity Illustrated by the 2010 “Voluntary” Estate Tax |
| title_sort | estate tax complexity illustrated by the 2010 voluntary estate tax |
| url | http://hdl.handle.net/1721.1/114697 https://orcid.org/0000-0003-3532-0998 |
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