Qualified Terminal Interest Property Election

Qualified Terminal Interest Property (QTIP) Election for New York State Purposes When No Federal Return is Required.

(TEdec Times, Spring 2010)

NYS Tax Department of Taxation and Finance has issued a new policy on Qualified Terminable Interest Property (QTIP) elections when no federal tax return is required. See Notice TSB-M-10(1)M, Estate Tax, March 16, 2010.

 Tax Policy Analysis [ Click Here ]