As the beneficiary do I have to pay taxes on this?...
bwa
Alumni
Alumni

Retirement tax questions

As the beneficiary do I have to pay taxes on this?

Yes, it's called income in respect of a decedent and is reported by you the same as if your partner received it.

And how is it legal for them to wait until April 12th to send me this form?

It should have gone out by January 31, but the fact that it didn't has no effect on it being taxable to you.

View solution in original post

This widget could not be displayed.
Privacy Settings