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-   -   My uncle passed away leaving my $35000. Do I have to pay federal taxes? (https://www.askmehelpdesk.com/showthread.php?t=536418)

  • Dec 20, 2010, 02:05 PM
    someday273
    My uncle passed away leaving my $35000. Do I have to pay federal taxes?
    I see the answers to other questions and am I right? I do not need to pay taxes on my federal taxes this year?
  • Dec 20, 2010, 02:15 PM
    ebaines

    Your inheritance is not taxable - at least not by the federal gorvernment. But a few states do have an inheritance tax - tell us what state(s) you live in and your uncle lived in, and we'll check it out for you.

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