I inherent 140,000.00dlls, from wife, she died! Do I pay state/federal taxes to California?
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I inherent 140,000.00dlls, from wife, she died! Do I pay state/federal taxes to California?
Do I pay California state or federal taxes in inherance of wife leaving me 140,000.00dlls.
Do I have to pay taxes federal or state in wife inherence to me... meaning money left.. willed?
Hello saul. I'm sorry for your loss. You have no estate nor ineritance tax issues to worry about. Neither the US nor the state of California tax estates when a spouse dies and leaves the estate for the other spouse.
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