Kent3
Level 1
07-09-2021
11:32 AM
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This is the final year of the estate. Final distributions were made to the beneficiaries.
Since this is the final year of the estate, how do I allocate the 20% federal income tax deducted from the IRA distribution to the beneficiaries?
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TAXOH
Level 11
07-09-2021
12:35 PM
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You can't. It has to be refunded to the estate and then distributed to the beneficiaries.
