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taxes to pay on 401k inheritiance
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So, one of you very gracious souls helped me out the other day, but i have another question about my inheritance. So, a fair chunk of the funds that were disbursed were from my dads 401k. He was 77 when he passed, so im curious if theres going to be any shenanigans since the funds came from a 401k. I have already determined that i shouldnt have to pay inheritance or estate taxes as the amount i inherited is below the threshold of what would be subject to those taxes.
Thanks in advance guys/gals!!
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