Maine Revenue Services Releases Guidance on Estate Tax for Deaths Occurring After 2012

The Maine Revenue Services released revised guidance on estate taxes for deaths occurring after 2012. The guidance covers topics such as the Maine estate tax exclusion amount, Maine qualified terminable interest property (QTIP), taxable gifts made within one year of death, and procedures for requesting a discharge of the automatic estate tax lien. It includes tax rate tables and instructions for completing the Statement of Value form used to request a lien discharge. [Me. Revenue Servs., Estate Tax for Deaths Occurring After 2012, 12/01/24]

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