Retirement tax questions
The decedent was entitled to the $20,000 exclusion. The beneficiaries must divide that up and receive their share of the $20,000. If you are the sole beneficiary, you qualify to take the full $20,000.
See NY Pub 36.
The decedent was entitled to the $20,000 exclusion. The beneficiaries must divide that up and receive their share of the $20,000. If you are the sole beneficiary, you qualify to take the full $20,000.
See NY Pub 36.
