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My spouse inherited a lump sum payout of $134,000 from her father's IRA when he passed away this year. How much of this will I have to put aside for taxes (fed/MD state)?
My line 43 amount on the 1040A was 70k, and I paid about 10k in federal taxes last year in 2016.
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‎June 4, 2019
4:31 PM