Estate Tax for Small Businesses May Be Paid in Installments
"Section 6166 of the Internal Revenue Code allows the estate to elect to pay the estate tax attributable to an interest in a closely held business in installments over, at most, a 14-year period. If the election is made, the estate pays only interest for the first four years, followed by up to ten annual installments of principal and interest....
The benefits of Section 6166 are not available to all estates. The value of the business must exceed 35% of the adjusted gross estate..."
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