What is the death tax? Does it even exist? Will the federal government use it to wipe out your savings? Take this quiz to find out how much you know about this often-misunderstood part of the tax code.
Question 1 of 8
Does a death tax actually exist?
Question 2 of 8
When were estate taxes first used in the U.S.?
Question 3 of 8
What's the difference between estate taxes and so-called gift taxes?
Question 4 of 8
How do you know if your estate is large enough to qualify for estate taxes when you die?
Question 5 of 8
Will the death tax wipe out your estate if you die in 2011?
Question 6 of 8
Does the death tax apply equally in every state?
Question 7 of 8
Can you do anything to manage the estate taxes your heirs will pay when you die?
Question 8 of 8