I received an automobile valued at $10,000 from my stepbrother's grandmother's estate. What, if any, taxes (PA and/or Federal) do I have to pay and when would they be due?
AtlantaTaxExpert
Jan 11, 2007, 06:54 PM
YOU will have to pay ZERO taxes.
If any federal estate or state inheritance taxes were due, your grandmother's estate had already paid them.