Emily Rogers+FollowSplitting Inheritance Without Tax DramaEver wondered what happens if you inherit a 401(k) and want to share it with your siblings? One Redditor is in that boat—she’s the only one listed on her dad’s account, so she gets the cash (and the tax bill). If she splits it, the IRS still sees her as the sole owner, so she pays all the taxes, then gifts the rest. Pro tip: talk to a tax pro before moving any money, or you could end up with less to share and more to pay! #InheritanceTips #MoneyMatters #FamilyFinance #Business40Share
