Skip to main content

2 replies

Alumni - Intuit
April 13, 2022

Inherited money is not taxable and is not reported on your tax return.

 

Income derived from the inheritance is taxable, such as interest. Distributions from inherited retirement plans are taxable.

**Say "Thanks" by clicking the thumb icon in a post. **Mark the post that answers your question by clicking on "Mark as Best Answer"
Alumni - Champ
April 13, 2022

Did she receive a 1099-R or a K-1?