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I think we are saying the same thing. Not taxable until it is over $12M. The only difference is that I didn't state that it wasn't taxed as income (which it sh
by boringg 3y ago
I think we are saying the same thing.
Not taxable until it is over $12M. The only difference is that I didn't state that it wasn't taxed as income (which it shouldn't be) - it should be taxed as inheritance if it should be taxed at all.
- sokoloff 3y agoIts unusual to start an agreement response with “actually” but glad we cleared up my misunderstanding of that phrase. In the context of “an inheritance put me in the top 1% of income”, that’s obviously wrong, which was my point.