in [Event] Ask the Experts: Tax Law Changes - One Big Beautiful Bill
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A cash inheritance would not be taxable to you on your federal return. Inheritances of income producing property or inherited property that you sold (land, home) would be reported.
Only a few states have an inheritance tax. The state of Washington is not one of them.
A cash inheritance would not be taxable to you on your federal return. Inheritances of income producing property or inherited property that you sold (land, home) would be reported.
Only a few states have an inheritance tax. The state of Washington is not one of them.
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