scottinphx
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es it does make sense.However, I have no idea if these funds have been taxed already, or if the estate has paid taxes in association with the filing of the K-1....
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There are several boxes with figures, but the large dollar amounts are Box 5, no letter code, and box 14, letter code H, for the same dollar amount except it is...
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Does anyone have any ideas where I would go to get this question answered?
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Based on info on k-1 form 1041 for the beneficiary turbo tax shows I owe roughly $70k in tax on income of $200k.Again, what about the $5mm federal exemption thr...
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Thanks but what makes this a taxable event it's under the $5mm exemption threshold
Activity Feed for scottinphx
- Posted es it does make sense. However, I have no idea if these... on Retirement tax questions. June 6, 2019 6:13 AM
- Posted There are several boxes with figures, but the large dolla... on Retirement tax questions. June 6, 2019 6:13 AM
- Posted Does anyone have any ideas where I would go to get this q... on Retirement tax questions. June 6, 2019 6:13 AM
- Posted Based on info on k-1 form 1041 for the beneficiary turbo... on Retirement tax questions. June 6, 2019 6:13 AM
- Posted Thanks but what makes this a taxable event it's under the... on Retirement tax questions. June 6, 2019 6:13 AM
- Posted Also received 1041. What makes this a taxable event? on Retirement tax questions. June 6, 2019 6:13 AM
- Posted Received notification via a K-1 from the estate on Retirement tax questions. June 4, 2019 11:41 AM
- Posted The estate cashed out the ira on Retirement tax questions. June 4, 2019 11:41 AM
- Posted I just watched a t.tax video saying there is no federal tax due. True? I received a cash inheritance that came from the decedent' IRA and told it is taxable at 40%. on Retirement tax questions. June 4, 2019 11:41 AM
- Posted So if I ever want access to the money that was in the dec... on Retirement tax questions. May 31, 2019 9:02 PM
- Posted So if I ever want access to the money that was in the dec... on Retirement tax questions. May 31, 2019 9:02 PM