kyra8fox
Returning Member

Deceased parent had an unclaimed local tax refund in PA State which I claimed. Are taxes due on this amount?

Parent died in 2012 but apparently was due a refund of $3,000 in local taxes at some point prior to 2012.  Parent died in PA (the Estate was settled in 2015).  I am one of 3 children and I obtained the unclaimed amount which I will distribute to my siblings.  What are the tax consequences for ending up with $1,000.