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Level 2
posted Jul 26, 2023 12:12:44 PM

inheritance

0 2 659
2 Replies
Employee Tax Expert
Jul 26, 2023 12:14:43 PM

Hi, Gander. 

This post was missing a question and just had the title "Inheritance." Please try again.

Expert Alumni
Jul 26, 2023 12:51:20 PM

Hello @gander2694 ,

 

While there is no question to this post, below are some links on inheritance and tax.

 

https://turbotax.intuit.com/tax-tips/estates/what-are-inheritance-taxes/L93IUc3sC

 

Is my inheritance taxable?: https://www.irs.gov/help/ita/is-the-inheritance-i-received-taxable

 

The federal government doesn't have an inheritance tax. As of 2023, six states impose an inheritance tax: Iowa, Kentucky, Maryland, Nebraska, New Jersey, and Pennsylvania.