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maven decarlo
Mar 24, 2008, 06:31 PM
i will be getting $30,000 a yr from an inheritance from my father, what kind of taxes should i expect to pay ?
MukatA
Mar 24, 2008, 11:26 PM
Just enjoy the money. You don't report it or pay any tax on it.

For more information read: Your U.S. Tax Return: Tax on Inheritances (http://taxipay.blogspot.com/2008/02/tax-on-inheritances.html)