*Loan,banking and credit>>>inheritance tax

How much money can you inherit in 2007 without paying inheritance tax.?

Also for 2008. Please give your source for information. Thanks

There is not a federal inheritance tax in the U.S. There are some states that have inheritance taxes, so you will need to check on your state income tax laws. On the other hand, the federal government does impose an estate tax on estates that are larger than a certain amount. $2,000,000 for 2007. You can read more about it at http://www.irs.gov/businesses/small/arti...
and http://www.irs.gov/publications/p950/ind...

Additional information on the sale of inherited property.
http://www.irs.gov/faqs/faq4-7.html...

Good luck,

There is no longer an inheritance tax
I think it's 1 million per federal law (Bush tax code). State laws vary.
You can not tell anybody or have who ever give it to you in small pieces.
$200,000 for both years. I'm right on this one but don't have the link right now.
I do not know the answer to this question but if you inherited it on line from your yahoo email its a scam beware.
Quote from IRS Pub 17, page 89:

Generally, property your receive as a gift, bequest, or inheritance, is not included in your income.

http://www.irs.gov/pub/irs-pdf/p17.pdf...