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Deductions & credits
Received means that you have access to the funds from the inheritance. This would be when the funds are in a bank account where you are the owner of the account.
Answering Yes has no bearing on these fund being taxable on a US tax return. Any type of gift or cash inheritance where you are the beneficiary is not taxable on a US tax return.
‎September 5, 2022
3:11 PM