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I inherited funds from an IRA as a death beneficiary. We did not know it was taxable. Can I get a waiver for the penalty since I did not know I had a taxible benefit?
I did not pay estimated tax becasue I did not know the funds were an IRA until the 1099 arrived in Feb. Can I get a waiver for the underpayment penalty since we did not know we had tax to pay?
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‎June 4, 2019
9:45 PM