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Financial Planning / Tax Strategies


Subject:  Re: Inherited IRA Q Date:  3/26/2013  11:30 PM
Author:  0x6a74 Number:  118174 of 127753

m not sure what the question is. The values of IRAs are included in the gross estate calculation and, depending on the total value of the estate, may increase the amount of estate tax due from the estate. IRA distributions result in ordinary income to the recipient. If that recipient is the estate the estate may pay the income tax or may pass the taxable income through to the beneficiaries of the estate.

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