Legal Question in Tax Law in Pennsylvania
insolvency
Can you tell me if a 401k should be calculated as an asset in insolvency? If so, how does the IRS calculate a FMV for this because I cannot take the money out.
Asked on 4/13/07, 11:45 pm
1 Answer from Attorneys
Matthew Kelly
Kelly Law
Re: insolvency
Is this for an offer in compromise?
Answered on 4/16/07, 12:26 pm
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