My aunt passed away and I received $55,00 in inheritance. The executor of the will paid estate taxes. Do I have to pay any taxes on the inheritance? We live in OHio.
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My aunt passed away and I received $55,00 in inheritance. The executor of the will paid estate taxes. Do I have to pay any taxes on the inheritance? We live in OHio.
No. There is no federal inheritance tax, and OH does not have a state inheritance tax - so no worries!
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