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    debbiecraw's Avatar
    debbiecraw Posts: 1, Reputation: 1
    New Member
     
    #1

    Jul 30, 2008, 05:19 PM
    Inheritance tax for California and Indiana
    I live in Indiana and my mother died July of 2007 in California and she left me over 100,000.00 dollars. Do I owe Federal tax and State tax on the money? If so how much? It was in probate for a year.
    MukatA's Avatar
    MukatA Posts: 7,110, Reputation: 176
    Tax Expert
     
    #2

    Jul 30, 2008, 11:44 PM
    There is no federal tax on inheritance. CA does not have any inheritance tax. For Indiana please check at state web site.
    For more information read: Your U.S. Tax Return: Tax on Inheritances

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