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URL:
http://boards.fool.com/ira-thanks-for-the-quick-reply-i-guess-that-23693348.aspx
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| Subject: Re: Tax On Inheritance | Date: 2/12/2006 8:26 AM | |
| Author: SaintTimothy | Number: 83840 of 118626 | |
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Ira - thanks for the quick reply. I guess that this is just another fluke in the US tax code. For inheritance of stocks or real estate, the heir gets a stepped-up tax basis and pays no taxes, but this apparently doesn't apply to annuities. |
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