What is the name of your state (only U.S. law)? ca
I will be inheriting from an Ohio estate. Are there any inheritance/income taxes involved to be paid to either or Ohio and California? The estate taxes have already been paid in Ohio. The amount will be +/- 100k.
Another question- there was also an IRA with named beneficiaries. The IRA was included in the gross estate for taxes. Is this correct? It seems that it's being double taxed as I pay taxes on it when I make any withdrawls.
Happy Thanksgiving even though it's past for you on the east coast
I will be inheriting from an Ohio estate. Are there any inheritance/income taxes involved to be paid to either or Ohio and California? The estate taxes have already been paid in Ohio. The amount will be +/- 100k.
Another question- there was also an IRA with named beneficiaries. The IRA was included in the gross estate for taxes. Is this correct? It seems that it's being double taxed as I pay taxes on it when I make any withdrawls.
Happy Thanksgiving even though it's past for you on the east coast