Under his grandfather's will,Tad is entitled to receive shares of Kroger Corporation.For Federal tax purposes,Tad is not allowed to disclaim some of these shares and accept the others.

Question

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Under federal tax law, a beneficiary can disclaim part of an inheritance, including specific shares, as long as the disclaimer is made within a certain time frame and meets other legal requirements.

Under His Grandfather's Will,Tad Is Entitled to Receive Shares of Kroger