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Do You Have To Pay Taxes On Money Received As A Beneficiary? [Solved]
Beneficiaries generally don’t have to pay income tax on money or other property they inherit, with the common exception of money withdrawn from an inherited retirement account (IRA or 401(k) plan). The good news for people who inherit money or other property is that they usually don’t have to pay income tax on it.
Do you have to pay taxes on money received as a beneficiary?
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Will beneficiaries get taxed on their inheritance?
Will
Paying Tax On Inheritance
Not all assets are treated the same
