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Subject:  inherited 401k for non-spouse Date:  11/2/2000  2:55 PM
Author:  Pingito Number:  41434 of 127613

I inhereited a 401k account from my Dad that is all company stock and contains only a small after tax contribution. I have 5 years to dispose of the account.
I understand that all payouts are considered long term capital gain. Does the capital gain rate depend on your other income tax rate or is only taxed at 10% ?
thanks Pingito
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