topic My father-in-law received memorial money from his wife's funeral . . does it need to be entered on his taxes in Get your taxes done using TurboTax

My father-in-law received memorial money from his wife's funeral . . does it need to be entered on his taxes

steelrsfan — Tue, 10 Feb 2026 09:14:17 GMT

i do his taxes and am not sure if it needs to be claimed or not.

xmasbaby0 — Mon, 29 Jan 2024 17:23:55 GMT

No. Gifts received are not taxable income. They do not get reported on a tax return.

MinhT1 — Mon, 29 Jan 2024 17:25:13 GMT

These sums can be considered ‌gifts and not income. They don't need to be reported on his tax return.