In the United States of America, the inheritance tax is levied by the federal government on the death of the property owner. It is required on property estates whose estimated worth is over $1.5 million. In some states, changes have been implemented to reduce the amount of taxes due after the death of the property owner. Though the federal government imposes the inheritance or estate tax, some states impose additional taxes.
The California Franchise Tax Board provides online services for filing estate taxes. This method of filing the estate tax has become widespread throughout California. The California State Board of Equalization gives detailed information on the rates of estate tax in California and also on the process of filing the tax.
