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Kiplinger
Kiplinger
Business
Chrissy Paradis

REVEALED: Avoiding the widows penalty tax trap after a spouse passes | Rare Historical Photos

Cut white roses lit by window light in a home.

The death of a partner often forces a surviving spouse to face two challenging and conflicting timelines at once: The open-ended process of grief and the immediate reality of financial and tax deadlines and consequences.

Chief among these is the so-called "widow’s penalty."

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