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-   -   California Inheritance Tax (https://www.askmehelpdesk.com/showthread.php?t=316355)

  • Feb 11, 2009, 08:05 PM
    efournier
    California Inheritance Tax
    As I understand it, California has no inheritance tax. Is this correct? I recently inherited
    17K from my mother's trust upon her death, so I'm wondering what tax ramifications this will have for me.

    Thanks!
  • Feb 11, 2009, 08:31 PM
    MukatA

    There is no federal inheritance tax. CA also does not tax inheritances.
    For more information, read: Your U.S. Tax Return: Tax on Inheritances
  • Feb 11, 2009, 08:51 PM
    efournier

    Thanks for your timely & helpful response.

    efournier

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