Calculating an IRD Deduction

Estate beneficiaries are often subject to a heavy tax burden when inheriting a loved one’s retirement assets. If
the estate is subject to both federal estate and income taxes, consider the income in respect of a decedent
(IRD) deduction to avoid double taxation.

For more insight on how an IRD deduction can help offset the impact of federal taxes, click here to download “Calculating an IRD Deduction in 5 Easy Steps.”

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