Re: I am receiving social security at age 64 and I recently got a 40000 inheritance from my mom how does this affect my benefits and tax implications?

I am receiving social security at age 64 and I recently got a 40000 inheritance from my mom how does this affect my benefits and tax implications?

inheritance and social security?

posted

Depends on the type of inheritance you received. If it was a cash inheritance that is not reported on your tax return.

I am receiving social security at age 64 and I recently got a 40000 inheritance from my mom how does this affect my benefits and tax implications?