My dad left myself and siblings his annuity. He paid income tax on the annuity years ago when he retired. The amount we each receive is less than $5,000 a year. How much tax will we have to pay on that amount?

My grandmother died in 2001. She left a living will estate for her roommate to live in the home until she died and then my sister and I would then own the home.The roommate died in 2008. So once the roommate died we were able to sell the home. We sold it a few months after the roommate died and...

I received stock market bonds as my inheritance from my grandparents. My family choose to cash these bonds with the understanding that no federal estate tax was required. I just received notice however that I am receiving a K-1. Does this mean I will have to pay taxes on this money? (bonds...

Hi! I am an F1 student in US for the past three years. I know that I am not taxed on income from CDs or bank interest. However, I would like to know if I would be taxed on income from stocks and mutual funds? Thanks!

Are taxes due, such as capital gains taxes, on sale of inherited property?