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krduffy
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Father passed, received 17K from house is this taxable?

 
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‎June 6, 2019 2:04 AM
last updated ‎June 06, 2019 2:04 AM
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MargaretL
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Expert Alumni

Father passed, received 17K from house is this taxable?

No, cash inheritance is not taxable nor reported on your tax return. Only if you "inherited" the house and then you sold it, your would report the sale.

‎June 6, 2019 2:04 AM
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