I am going to receive about $25,000 from an estate. Do I pay inheritance or any taxes on that money, is it submitted to the IRS as income?

There is no federal tax on inheritances. Most of the states do not tax inheritances. For your state, check at the state web site. For more information on inheritance taxation read: Your U.S. Tax Return: Tax on Inheritances (http://taxipay.blogspot.com/2008/02/tax-on-inheritances.html)