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-   -   Inheritance tax question (https://www.askmehelpdesk.com/showthread.php?t=601646)

  • Oct 6, 2011, 07:27 PM
    nephenee
    Inheritance tax question
    I am about to inherit approximately 100,000 dollars from my father. He passed away in Florida,I live in Ohio. Do I have to pay any taxes on this? There will be some checks from life insurance,other cash sources. This is all so overwhelming at this time. Please help.
  • Oct 10, 2011, 06:34 AM
    ebaines
    Sorry for your loss. No, you do not need to pay any taxes on the inheritance. There is no federal inheritance tax nor does OH have an inheritance tax.
  • Oct 10, 2011, 07:09 AM
    Fr_Chuck
    Agreed, also if the life insurance is directly to you, it is not part of the estate either.

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