What are the tax implications associated with qualified, Ask an Expert

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What are the tax implications associated with qualified disclaimers?

A. The disclaimed interest is treated as a gift made by the disclaiming party.

B. The disclaiming party must pay income tax on the disclaimed interest.

C. The disclaimed interest will be included in the estate of the disclaiming party.

D. There are no tax implications associated with a qualified disclaimer to the disclaiming party.

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Category:- Basic Finance
Reference No.:- M951969

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