How do I file on a inheritance check?

Question

Jan 29, 2007, 11:44 PM

Tbirdterri

New Member

Join Date: Jan 2007

Posts: 1

How do I file on a inheritance check?

I received a small inheritance from a deceased family member who lived in Mississippi. I am in Calif. I am on permanent disability and I need to know if I have to file a tax return on this check and how I do that. Thank you for any help.

Answers

Jan 30, 2007, 05:25 AM	#2

AtlantaTaxExpert Tax Expert Join Date: Feb 2005 Location: Atlanta, Georgia Posts: 10,043	ANY money that is inherited is NOT subject to state or federal income taxes. While taxes may be due, they are paid by the estate BEFORE you even see the money.

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