Who paid the tax when there is capital gain in estate account? The inherited guy or estate account? And how to report it? By will executor or inherited guy?
Who paid the tax when there is capital gain in estate account? The inherited guy or estate account? And how to report it? By will executor or inherited guy?
Who paid the tax when there is capital gain in estate account? The inherited guy or estate account? And how to report it? By will executor or inherited guy?
The beneficiaries (who inherited the trust). The executor deals with the papers and the beneficiaries pay the taxes.
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