Comments on: How are your IRAs taxed when you die and you inherit them to your heirs? http://www.iraroth.net/2010/04/how-are-your-iras-taxed-when-you-die-and-you-inherit-them-to-your-heirs/ IRA Questions and Answers Thu, 20 Oct 2011 14:36:38 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: derek http://www.iraroth.net/2010/04/how-are-your-iras-taxed-when-you-die-and-you-inherit-them-to-your-heirs/comment-page-1/#comment-977 derek Tue, 06 Apr 2010 19:21:34 +0000 http://www.iraroth.net/2010/04/how-are-your-iras-taxed-when-you-die-and-you-inherit-them-to-your-heirs/#comment-977 IRAs are taxed as income, regardless of whether you withdraw the money or your heirs withdraw it....not to mention they are part of your estate and could cause an estate tax problem (yuck). IRAs are taxed as income, regardless of whether you withdraw the money or your heirs withdraw it….not to mention they are part of your estate and could cause an estate tax problem (yuck).

]]> By: Screaming Eagle http://www.iraroth.net/2010/04/how-are-your-iras-taxed-when-you-die-and-you-inherit-them-to-your-heirs/comment-page-1/#comment-976 Screaming Eagle Tue, 06 Apr 2010 18:59:06 +0000 http://www.iraroth.net/2010/04/how-are-your-iras-taxed-when-you-die-and-you-inherit-them-to-your-heirs/#comment-976 If your spouse gets your IRA, she can roll it over into hers, and not pay any taxes. Someone else will have to take minimum distributions. You really need to check with a tax expert though. If your spouse gets your IRA, she can roll it over into hers, and not pay any taxes. Someone else will have to take minimum distributions.

You really need to check with a tax expert though.

]]> By: ironhyde51 http://www.iraroth.net/2010/04/how-are-your-iras-taxed-when-you-die-and-you-inherit-them-to-your-heirs/comment-page-1/#comment-975 ironhyde51 Tue, 06 Apr 2010 18:07:56 +0000 http://www.iraroth.net/2010/04/how-are-your-iras-taxed-when-you-die-and-you-inherit-them-to-your-heirs/#comment-975 It depends on your situation. Your best bet is to see a tax advisor, for that question. They'll direct you to IRS publication 590, which is all about IRA's. Or just look up publication 590 from IRS.gov. It depends on your situation. Your best bet is to see a tax advisor, for that question. They’ll direct you to IRS publication 590, which is all about IRA’s. Or just look up publication 590 from IRS.gov.

]]> By: smartypants909 http://www.iraroth.net/2010/04/how-are-your-iras-taxed-when-you-die-and-you-inherit-them-to-your-heirs/comment-page-1/#comment-974 smartypants909 Tue, 06 Apr 2010 17:43:30 +0000 http://www.iraroth.net/2010/04/how-are-your-iras-taxed-when-you-die-and-you-inherit-them-to-your-heirs/#comment-974 Depending on your income bracket, inheritance taxes can be as high as 45%. Depending on your income bracket, inheritance taxes can be as high as 45%.

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