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Deminpenn

(16,730 posts)
8. Wait until the recipients find out how much tax they'll owe to
Mon Mar 31, 2025, 10:34 AM
Mar 31

the state, federal and perhaps local government. On federal taxes, if your income is over 100k, you can't use the tax table to determine what you owe. The recipients won't have all the loopholes and fancy accounting that the very rich have to avoid paying taxes.

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