I see the answers to other questions and am I right? I do not need to pay taxes on my federal taxes this year?
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I see the answers to other questions and am I right? I do not need to pay taxes on my federal taxes this year?
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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