Manchester Township, NJ asked in Tax Law for New Jersey

Q: I received property when my father passed and selling it. I live in NJ and wondered what inhertance tax will be due

The property is in Croatia. I'm a citizen of the US and live in NJ

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1 Lawyer Answer
Marcel Wurms
Marcel Wurms
Answered
  • Tax Law Lawyer
  • Lodi, NJ
  • Licensed in New Jersey

A: You didn't say whether your father was a NJ citizen. If he wasn't then NJ will not tax the property. If he was, then the property will be subject to the NJ estate tax calculation.

You should consult with a CPA or attorney fluent in NJ estate and inheritance taxation.

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