- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Retirement tax questions
Money from an inheritance is not usually subject to income tax. The major exception id tax deferred retirement plans. e.g. IRA, 401k and employer retirement.
As others have said, you'll get a form 1099-R (similar to a W-2) to report the income.
‎January 2, 2022
5:03 AM