Inheritance Tax Payment Deadline
Summary
In Pennsylvania, as an executor, you can sell estate assets to pay inheritance tax, which is due within nine months of death to avoid penalties. Extensions for filing are available, but not for payment. If unpaid by the deadline, penalties and interest accrue. Contact the Philadelphia County Register of Wills for guidance.Full Conversation
I am the named executioner and gave been taking care of selling the assets.
Thank you for providing those details. In Pennsylvania:
- If you are the executor and the home is part of the estate, you can sell assets to pay taxes and debts.
- The inheritance tax must be paid within nine months of the date of death to avoid penalties.
- If you need a loan, ensure the estate has enough assets to cover it.
If you need further assistance, you might consider contacting your local probate court for guidance specific to your situation.
Would you like details on the nearest probate court?
Yes I would appreciate that. The inheritance tax is due by December * what happens if I was not able to have it paid by December * Th is there a way to get an extension or what would happen in that case
If the inheritance tax is not paid by December 17th, penalties and interest will accrue on the unpaid amount. You can request an extension for filing the return in Pennsylvania, but it does not extend the time to pay the tax.
Would you like details on the nearest probate court?
Yes
Philadelphia County Register of Wills and Clerk of the Orphans' Court Division
Phone: (*) *-*
Address: City Hall, Room *, Philadelphia, PA *
Website: www.phila.gov
If you need further assistance, you might consider contacting them for guidance specific to your situation. Thank you so the inheritance tax definitely needs to be paid by the *
You're welcome. To summarize:
- Inheritance tax must be paid by December * to avoid penalties and interest.
- You can request an extension for filing, but it does not extend the payment deadline.
For further assistance:
Philadelphia County Register of Wills and Clerk of the Orphans' Court Division
Phone: (*) *-*
Address: City Hall, Room *, Philadelphia, PA *
Website: www.phila.gov
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