When Estates Don’t Pay Tax, IRS Chases Beneficiaries
- Thursday, June 28, 2012, 3:32
- Entrepreneurs
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When you inherit money or property you shouldn’t have to pay taxes. It’s not subject to income tax. Plus, if there’s an inheritance tax to pay, the estate or person giving it to you has already paid it or provided for its payment.
http://www.forbes.com/sites/robertwood/2012/06/28/when-estates-dont-pay-tax-irs-chases-beneficiaries/
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