[needing_help]

My grandmother just left me some money after passing away. Do I need to pay taxes on that money to the feds and the state of ca?

[MukatA]

There is no federal inheritance tax. Also CA does not have inheritance tax.

[AtlantaTaxExpert]

There MAY be estate taxes if your mother's estate is large enough, but the estate pays those taxes BEFORE distributing assets to the heirs.

It is likely your mother's estate is not large enough to have to pay an estate tax to either California or the IRS.

[needing_help]

Thank you for your answer they are very helpful.

[needing_help]

Thank you for your answer they are very helpful.

[needing_help]

Thank you for your anwers they are very helpful.