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Asked 1/19/2010

What is inheritance taxes to heirs from Ira's

Is there a percentage or flat rate that has to be paid upon inheriting Ira's

 
 
 
 
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Answer 1/1 - Submitted 1/19/2010

If you are the beneficiary of an IRA, it will be taxed to you as regular retirement income when you take it out of the account. The percent will depend on the rest of your income, exemptions and deductions.

 
 
 
 
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