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Beneficiary of a Pension Fund to distribute to family
My good friend of 25yrs died Aug 2019. Years ago she made me the beneficiary of her pension fund requesting I distribute the funds to her 3 grandsons. I did as she requested now I am concerned that this will affect my taxable income and screw up my ACA health care financial info. How do I report this income to the IRS and report that the after taxes the funds were distributed as requested? I have all the documentation, just don't know how to enter it.
‎February 8, 2020
8:44 PM