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View Full Version : Do I have to pay taxes on an inheritance


guidemark
Feb 7, 2010, 12:20 PM
My aunt passed away and I received $55,00 in inheritance. The executor of the will paid estate taxes. Do I have to pay any taxes on the inheritance? We live in OHio.

ebaines
Feb 8, 2010, 07:03 AM
No. There is no federal inheritance tax, and OH does not have a state inheritance tax - so no worries!