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Where and how do i report inheritance income
MY WIFE RECEIVED PART OF A DISTRIBUTED INHERITANCE AFTER ACTING
AS EXECUTOR FOR HER SISTER'S ESTATE.
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June 4, 2019
3:50 PM
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Get your taxes done using TurboTax
Generally, an inheritance is not taxable to the beneficiary, unless the distribution is from a retirement account, and in that case the beneficiary would receive a 1099-R and enter it as retirement income.
June 4, 2019
3:50 PM