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jstrike
Oct 18, 2011, 06:57 AM
My wife's grandmother recently passed away in IL. We live in WI and received some money from her estate. I know that WI has no inheritance tax but because the money is coming from IL, is there anything I need to do at tax time?

Thanks.

AK lawyer
Oct 18, 2011, 07:09 AM
"Illinois inheritance tax no longer exists." Illinois Inheritance Tax (http://finance.mapsofworld.com/tax/inheritance/illinois.html)

And, as you may know, any state or Federal estate tax is the responsibility of the probate estate.