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-   -   How is inheritance taxed (https://www.askmehelpdesk.com/showthread.php?t=600105)

  • Oct 1, 2011, 08:07 AM
    browneyes1993
    How is inheritance taxed
    Would there be inheritance tax on the house my grandmother is leaving me, if so how much would it be? The house is valued at $59,000 Thank You!
  • Oct 3, 2011, 08:05 AM
    ebaines
    Most likely not - there is no federal inheritance tax and most states don't have an inheritance tax either. But a few states do - so you need to tell us what state the house is in and also what state you live in.

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