Is withdrawing money from an Estate account taxable?

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  • Charles D.
    New to Real Estate · Hong Kong · Member since 2019 · 44 posts · 16 votes
    5y

    @Seidy Lasker If the money is part of a US estate’s assets and is being distributed to a US beneficiary as an inheritance per a will, the estate beneficiary receiving the cash is not subject to US federal income tax on the amount received.

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