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Level 2
March 27, 2024
Question

Inherited IRA

  • March 27, 2024
  • 0 replies
  • 16 views

My 94 year old Mom is beneficiary of her deceased 60 yr old son’s IRA 40k.  Can the IRA be cashed out in his name since he is in a lower tax bracket , file tax return for him, then disperse to my Mom?