Legal Question in Tax Law in Florida

Ira

My Mother recently passed and left

myself and two siblings 40,000$. The

financial institution that is cashing in

the IRA is not taxing it or penalizing

the account for it's early termination.

The question is, if I take my third of

the money will I be Federally taxed

on it later?


Asked on 6/19/09, 2:46 pm

1 Answer from Attorneys

Andrew Moler Law Offices of Andrew C. Moler, P.A.

Re: Ira

I can't answer the question without more information . I am a tax lawyer on Orlando. I suggest yo contact my office for additional information. I do charge for the consult.

acmoler

Read more
Answered on 6/27/09, 6:19 pm


Related Questions & Answers

More Tax and Taxation Law questions and answers in Florida