Follow
Share

Us kids were not secondary beneficiaries. The estate did not pay taxes on the 401k, we are. Each of us are responsible to pay a third of the 401k disbursement. Medicaid recovered approximately $100,000.00 from the estate. Are we each able to claim a third of that medicaid payment as a tax deduction on our income taxes?

This question has been closed for answers. Ask a New Question.
Find Care & Housing
This is a good question. But I think it's a question for your tax person or a CPA.
Helpful Answer (0)
Report

This question has been closed for answers. Ask a New Question.
Subscribe to
Our Newsletter