My aunt died last year and her 401k of 130k was deposited to a checking account to pay for her med bills. IRS wants 28k which is gone. What are my options?
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My aunt died last year and her 401k of 130k was deposited to a checking account to pay for her med bills. IRS wants 28k which is gone. What are my options?
My aunt died last year and her 401k of 130k was deposited to a checking account to pay for her med bills. IRS wants 28k which is gone. What are my options?
Are you Personal Representative or Executor.?
tax and funeral bills must be paid from selling other assets.
Otherwise, when billed, reply with a letter stating assets are exhausted.