Talk of The Villages Florida - View Single Post - Inheriting non-spousal annunity
Thread: Inheriting non-spousal annunity
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Old 08-18-2021, 07:00 AM
richs631 richs631 is offline
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Originally Posted by Gigi3000 View Post
Really? I don't know alot about taxes but I looked at the tax table for that amount and I saw 37%. There definitely is no other income. I sold a condo and am living off those proceeds. Thanks for your info
The tax table is misleading. You will not pay 37% on the full amount