Other Tax Information. Transfers of Xxxx XXX amounts are generally subject to estate and gift taxes in the absence of any applicable exclusion (such as the unlimited marital deduction or the unified estate and gift tax credit). The state income tax results of a contribution to, earnings and dividends on, or a distribution from a Xxxx XXX may differ from the federal income tax results. You should contact your state revenue department or consult your tax advisor for more information.
Appears in 2 contracts
Samples: Roth Individual Retirement Account Custodial Account Agreement, Roth Individual Retirement Account Custodial Account Agreement
Other Tax Information. Transfers of Xxxx XXX amounts are generally subject to estate and gift taxes in the absence of any applicable exclusion (such as the unlimited marital deduction or the unified estate and gift tax credit). The state income tax results of a contribution to, earnings and dividends on, or a distribution from a Xxxx an XXX may differ from the federal income tax results. You should contact your state revenue department or consult your tax advisor for more information.
Appears in 2 contracts
Samples: Traditional Individual Retirement Account Custodial Account Agreement, Traditional Individual Retirement Account Custodial Account Agreement
Other Tax Information. Transfers of Xxxx SIMPLE XXX amounts are generally subject to estate and gift taxes in the absence of any applicable exclusion (such as the unlimited marital deduction or the unified estate and gift tax credit). The state income tax results of a contribution to, earnings and dividends on, or a distribution from a Xxxx SIMPLE XXX may differ from the federal income tax results. You should contact your state revenue department or consult your tax advisor for more information.
Appears in 1 contract
Samples: Custodial Account Agreement
