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I'm the grantee of an estate trust created in 2018 and selling the home. Both my parents have passed since the creation of the trust. Despite their passing, the trust is still obviously active and the sale is under contract. My question is, once I sell this, I intend to purchase another home with the proceeds and put that…
Question about the tax liability for my deceased dad's IRA. As the executor, the $29k account was given to me, and I must now disperse it equally between us three children. My question is, how do I separate the specific fed/state responsibility aside from my roughly 50k income, as it all got taxed together as income? I…
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