topic Re: Inheritance NJ in State tax filing

Inheritance NJ

Kdbaker412 — Thu, 09 Apr 2026 07:33:41 GMT

I inherited money from a brokerage account and I am a Class C relative. How do I report that on my nj tax return

Re: Inheritance NJ

M-MTax — Thu, 09 Apr 2026 07:43:22 GMT

See https://www.nj.gov/treasury/taxation/inheritance-estate/inheritance-taxfilerequirements.shtml

The executor, administrator, or heir-at-law of the estate must file an Inheritance Tax return (if required) within eight (8) months of the date of the decedent’s death. If tax is due, the tax also must be paid on the transfer of taxable real or personal property within eight (8) months of the date of the decedent’s death.

Re: Inheritance NJ

fanfare — Fri, 10 Apr 2026 00:07:36 GMT

If you are an NJ resident and pay an NJ Inheritance tax on an Inherited IRA, the NJ tax on taxable distributions from the IRA is set at zero until you have recouped the inheritance tax.

@Kdbaker412