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Passing the Buck The State of Personal Financial Education, Management, and Credit Card Use among Georgia's Youth Kelly N. Foster Richard L. Clark Prepared for The Governor's Office of Consumer Affairs
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Passing form buck is a tax form used to report the transfer of assets upon someone's passing.
The executor or administrator of the deceased person's estate is required to file passing form buck.
Passing form buck must be filled out with details of the assets being transferred, their value, and the beneficiaries receiving them.
The purpose of passing form buck is to report the transfer of assets from a deceased person's estate to their beneficiaries.
Information such as the value of the assets being transferred, the relationship between the deceased and the beneficiaries, and any applicable deductions must be reported on passing form buck.
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