I refuse to be the one who asks the IRS to answer this question. I have spent too much time on this issue already. Also, I don’t have any friends at the IRS!
I think this should basically settle things. Thank you for sharing.DiMAn0684 wrote: ↑Wed Feb 14, 2018 5:20 pmI contacted MA DOR and they responded with this:
https://www.mass.gov/service-details/fr ... ty-sellers
That makes sense. I didn't spend too much time debugging it.
I think this was a very good way to frame the situation. I always try to make things win-win like this, but was not seeing this angle in the current situation. Thank you!
No, it is a trust containing inherited assets, both plain taxable and an inherited IRA (held within the trust). It was created with the assistance of Bruce Steiner (bsteiner on this board), so I am confident that it is well constructed.