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Get your taxes done using TurboTax
There is no federal estate tax for estates valued at less than $12.06 million for 2022.
Assuming you are referring to estate income tax (e.g., reported on Form 1041), then the estate can avoid paying tax at the compressed rates by simply distributing the retirement funds to the beneficiary(ies) (via K-1(s)) to be reported on individual Forms 1040.
‎October 26, 2022
2:02 PM
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