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    Marzelle's Avatar
    Marzelle Posts: 1, Reputation: 1
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    #1

    Aug 12, 2010, 10:30 AM
    Is there inheritance taxes in California
    I received an inheritance(cash)from my ex-mother-in-law who lived in Texas.I reside in
    California.Are there inheritance taxes I'll need to pay?
    AtlantaTaxExpert's Avatar
    AtlantaTaxExpert Posts: 21,836, Reputation: 846
    Senior Tax Expert
    		  
    #2

    Aug 12, 2010, 11:39 AM
    You need to call the Franchise Tax Board to verify, but I believe there is NO inheritance tax and no estate tax in California.
    ebaines's Avatar
    ebaines Posts: 12,131, Reputation: 1307
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    #3

    Aug 12, 2010, 11:54 AM

    There is no federal inheritance tax, and neither TX nor CA impose inheritance taxes either:

    From the CA web site California Tax Information Center - Special Circumstances

    California does not have a gift tax or an inheritance tax.

    And from Texas's web site: Inheritance Tax
    Please note that no state inheritance return is required on estates with a date of death on or after January 1, 2005.
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