• Ep 125: Is My Inheritance Taxed?

  • Dec 10 2024
  • Durée : 7 min
  • Podcast

Ep 125: Is My Inheritance Taxed?

Écouter gratuitement

Voir les détails

  • Résumé

  • In this episode of the Retire with Peace Podcast, host Dave Zaegel addresses common questions regarding the tax implications of receiving an inheritance. He clarifies that there is no tax on the inheritance itself, but discusses scenarios where taxes may apply, particularly with inherited IRAs and the concept of step-up in basis for inherited assets. The conversation emphasizes the importance of understanding estate taxes and planning for potential tax liabilities in the future.

    Takeaways:

    • There is no tax on receiving an inheritance.
    • Estate taxes are assessed at the estate level, not on the inheritor.
    • High estate tax exemption limits mean fewer people face estate taxes.
    • Inheriting an IRA requires understanding required distributions and tax implications.
    • A step-up in basis can reduce capital gains taxes on inherited assets.
    • The IRS took years to finalize regulations on inherited IRAs.
    • Inheritors should be aware of tax implications when growing inherited assets.
    • Receiving an inheritance does not create a taxable event immediately.
    • Planning for estate taxes is important due to changing thresholds.
    • Fear of taxes on inheritance is common but often unfounded.
    Afficher plus Afficher moins
Afficher plus Afficher moins
Les membres Amazon Prime bénéficient automatiquement de 2 livres audio offerts chez Audible.

Vous êtes membre Amazon Prime ?

Bénéficiez automatiquement de 2 livres audio offerts.
Bonne écoute !

    Ce que les auditeurs disent de Ep 125: Is My Inheritance Taxed?

    Moyenne des évaluations utilisateurs. Seuls les utilisateurs ayant écouté le titre peuvent laisser une évaluation.

    Commentaires - Veuillez sélectionner les onglets ci-dessous pour changer la provenance des commentaires.

    Commentaires Audible.fr

    Commentaires Amazon
    Il n'y a pas encore de critique disponible pour ce titre.