turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

chugbug01
New Member

I received an inheritance and took out a portion of it? I had 10% withheld for Federal Taxes. Do I have to claim this as income?

 
x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

2 Replies

I received an inheritance and took out a portion of it? I had 10% withheld for Federal Taxes. Do I have to claim this as income?

What type of inheritance?  You are asking from the Retirement section, so was it a pension plan, 401(k), IRA, etc?  Did you receive a 1099-R or other form for it?

LeonardS
Expert Alumni

I received an inheritance and took out a portion of it? I had 10% withheld for Federal Taxes. Do I have to claim this as income?

Could you please clarify what form you received that reported your inheritance and 10% withholding?

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

Unlock tailored help options in your account.

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question