Do I pay taxes on a house I inherited but don't live in and am not renting?

lauratax70- · ‎March 16, 2024

I have not sold the inherited house but I am not living in it.

DianeW777 · ‎March 16, 2024

No, you do not pay any taxes on your personal income tax return for inherited property. If you rent it or sell it then it will become a taxable event.

Inheritance tax is determined by the state, however the is no inheritance tax for the federal return. Check your the person who handled the estate if necessary.

@lauratax70-

[Edited: 03/16/2024 | 2:35 PM PST]

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