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mcar416940
April 5, 2023
Question

Is there tax payable on RIF paid out at death?

  • April 5, 2023
  • 1 reply
  • 0 views
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    1 reply

    TurboTaxSusan
    TurboTaxSusan
    April 10, 2023

    Unfortunately, yes. If you are the beneficiary of the RIF, you don't pay tax on the amount you recieve. But the deceased person does pays tax on the amount.

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