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Level 1
December 4, 2024
Question

Will I need to include an inheritance that I received in tax year 2024 as income when I am filing my tax return

  • December 4, 2024
  • 19 replies
  • 144 views
No text available

    19 replies

    DoninGA
    Level 15
    Level 15
    December 4, 2024

    A cash inheritance is not reported on a federal tax return.  What type of inheritance did you receive?

    Level 2
    February 12, 2025

    property / land

    Level 2
    February 12, 2025

    I recieved cash for sale of property

    Level 2
    February 12, 2025

    which forms do I use to report my inheritance, there was no cost in acquiring my inheritance