Greta
Level 9

I wish I knew if there is a way to pass the taxable money through a K-1, but if there is no will and no beneficiary to the IRA, then how does one determine who the recipients are and do it within the same year. This seems to be happening to my clients, and the tax monies are enormous. But I don't see a way out. I now mention this to my elderly clients to make sure they have their affairs in good order.

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