2006-07-27 00:49:46 · 5 answers · asked by li5br2a 2 in Business & Finance ➔ Taxes ➔ United States
Your estate will owe the taxes. So any property you own will have to be sold to pay the tax. If after all your porperty is liquidated and you still owe, then that's when the IRS will just write it off. If the estate distributes the money / property to your next of kin without paying the tax, the IRS will go after that property.
2006-07-27 01:02:02 · answer #1 · answered by extra_37 4 · 1⤊ 0⤋
If the debt you owed was the result of a joint tax return, then the other party (spouse) will be responsible for the entire balance of the debt. The IRS will attempt to collect on the debt from your estate (if you have one). If neither of these situations apply, the debt goes unpaid.....
2006-07-27 08:09:33 · answer #2 · answered by Adios 5 · 0⤊ 0⤋
NOthing, they cannot make the relatives pay your debts
2006-07-27 07:55:43 · answer #3 · answered by grumpydude982 2 · 0⤊ 0⤋
Passed on to next of kin.
2006-07-27 07:52:41 · answer #4 · answered by Lasher702 3 · 0⤊ 0⤋
Don't know for sure, but your family may have to pay it.
2006-07-27 07:53:29 · answer #5 · answered by FL Girl 6 · 0⤊ 0⤋