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  • Mar 9, 2007, 09:37 PM
    mobess
    taxes on inherited annuities
    I inherited money from two annuities after my mothers death last year. I have received

    1099 form stating the amount that is taxable. AmI required to pay taxes on these ,or is the full value that I received a part of non taxed inheritance?
  • Mar 11, 2007, 08:56 PM
    AtlantaTaxExpert
    The money you received was tax-deferred, so, yes, it IS taxable as income taxes.

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