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Subject: Heirs and Income Taxes | Date: 9/11/1999 1:50 AM | |
Author: billybeau | Number: 13849 of 100867 | |
Greetings: How come heirs do not pay income taxes on a taxable account? Also, if the mandatory minimum required distribution from a traditional IRA was funding an investment for the heirs, would the new investment be put in the heirs name to avoid paying income taxes again on the returns that would be received? I hope this doesn't sound to complicated. Thanks. |
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