0
Not necessarily Inherited money is not taxable, so the issue is not that it has already been taxed. The IRS does not consider it taxable income. On the other hand, any interest earned on the inherited money during administration IS taxable. That money is considered income and the estate must pay the income tax on it or the estate distributes that interest to the beneficiaries prior to the close of the estate and the beneficiaries have to declare that as income.
Add your answer:
Earn +20 pts
When does 90210 start on e4?
it should of start already but it hasnt :s
Is Movie Star Planet real?
well moviestarplanet is not real because it hasnt been seen yet. if it was real the scientist would already know and tell us
How has the guitar changed?
it hasnt
What is the suffix of -necrosis?
hasnt
When did Josh wasser die?
He hasnt.
When did jim thome retire?
he hasnt
Did Jim thome retire?
he hasnt
How has police force changed?
it hasnt
How does a theory different from law?
A law is something that is said to be true and is a establised int the science community already. A theory is something that a scientist has come up with that hasnt been proven true or false.
When did Victoria Justice die?
she hasnt died!
When is Elizabeth ii died?
She hasnt yet
When and where did Madeleine Albright die?
she hasnt yet ;)
