Taxes

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Q&A
Asked by an anonymous user
Answered by Jeffrey Schneider
Tax Professional
If you are talking about Federal estate taxes, depends on the value of the estate. If the estate happened in 2017, the estate gets a $5.49 million exclusion or 100% if...
Q&A
Asked by Lee
Answered by Jeffrey Schneider
Tax Professional
You can request a copy of your account transcripts directly online at www.irs.gov or go to an Enrolled Agent or CPA and they can do it for you (and quicker). The trans...
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Q&A
Asked by bgggirl
Answered by Michael Karu
CPA/CFF/CGMA in Livingston, NJ
The short answer is no. However, if you receive interest on the proceeds, the interest is taxable.
Q&A
Asked by w-lmburris
Answered by Megan Gorman
Tax Professional
Yes, this is specified on the 1099.
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