https://ttlc.intuit.com/community/taxes/discussion/inheritance-and-investments/01/3416272#M1259877 <P>I will soon be receiving inheritance in the form of stocks. &nbsp;I know nothing about stocks and would prefer to pull the money until I decide what the best thing is to do with it. &nbsp;Once those stocks are in my account, if I pull the full amount right away, do I have to pay any sort of taxes on this since it is my inheritance?&nbsp;</P> Wed, 08 Jan 2025 22:32:42 GMT DezW 2025-01-08T22:32:42Z https://ttlc.intuit.com/community/taxes/discussion/inheritance-and-investments/01/3416272#M1259877 <P>I will soon be receiving inheritance in the form of stocks. &nbsp;I know nothing about stocks and would prefer to pull the money until I decide what the best thing is to do with it. &nbsp;Once those stocks are in my account, if I pull the full amount right away, do I have to pay any sort of taxes on this since it is my inheritance?&nbsp;</P> Wed, 08 Jan 2025 22:32:42 GMT https://ttlc.intuit.com/community/taxes/discussion/inheritance-and-investments/01/3416272#M1259877 DezW 2025-01-08T22:32:42Z https://ttlc.intuit.com/community/taxes/discussion/re-inheritance-and-investments/01/3416352#M1259909 <P>You would pay capital gains only on any increase in the value of the stock between the value at date of death and when you sold it.&nbsp;</P> Thu, 09 Jan 2025 00:33:04 GMT https://ttlc.intuit.com/community/taxes/discussion/re-inheritance-and-investments/01/3416352#M1259909 Bsch4477 2025-01-09T00:33:04Z