kenelson1
May 29, 2013, 05:00 AM
I received an inheritance check from my mother's estate in Kentucky. I live in Florida. Do I have to pay taxes on this money?
ebaines
May 29, 2013, 05:47 AM
No - neither Florida nor the US impose an inheritance tax so this is tax-free to you. And FYI: if federal or KY estate tax was owed it would have been paid by the executor out of the funds in your mother's estate before this distribution was made to you.