MomResponds #1101 – Do You have Knowledge of This?

Question: Dear Luise: Subscribe to a few income/investment sites and have received several mentions lately about using the “IRS 8b payout” allowed by seven (7) states to avail oneself of tax-free money.  Do you have any knowledge of this? G.

Answer: Dear G.: I am not well informed on tax law. You may find what you want at: http://www.irs.gov/irm/part7/irm_07-020-008.html

Blessings, Luise

About Luise Volta

Luise’s long life has brought her to being the great grandmother of four teenagers. Born in 1927, the miles in between her teens and theirs have been full of falling and getting up, learning and growing and then falling and getting up again. A normal, though not simple, process. She has had diverse careers in nursing, teaching preschool, interior design, Real Estate sales, insurance adjusting and dairy herd testing. She’s lived in the Mid-west, South and West Coast. Luise is married to the love of her life, Val, born in 1911. Their little terrier, “Rosa,” makes most of the major decisions at their house, (or thinks she does).

Subscribe

Subscribe to our e-mail newsletter to receive updates.

No comments yet.

Leave a Reply