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Old 03-11-2010, 03:23 AM
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Question Once-in-a-lifetime nontaxable event
Is there such a thing as a "once-in-a-lifetime extraordinary event" that is non-taxable under the tax code ? I was told by an attorney who has a copyright on an Irrevocable Trust document that my sudden windfall from a currency investment would fall into this category and would not be taxable.
Does anyone have any knowledge of this?


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