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Reporting Inherited land from deceased husband

My husband passed away Jan 2023. We lived in Maryland at the time but he owned land in Mississippi he was paying taxes on. Now that I have inherited this land, Do I have to report on this?

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1 Reply
PatriciaV
Expert Alumni

Reporting Inherited land from deceased husband

No, you do not report land inherited from your spouse. If you sell the land in the future, you may have a capital gain to report.

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