https://ttlc.intuit.com/community/retirement/discussion/my-father-passed-in-2024-and-my-sisters-and-i-split-his-checking-account-4-ways-my-portion-was-50k/01/3788039#M259754 do you have to claim money received from a parents death? Thu, 19 Feb 2026 15:11:26 GMT demossp 2026-02-19T15:11:26Z https://ttlc.intuit.com/community/retirement/discussion/my-father-passed-in-2024-and-my-sisters-and-i-split-his-checking-account-4-ways-my-portion-was-50k/01/3788039#M259754 do you have to claim money received from a parents death? Thu, 19 Feb 2026 15:11:26 GMT https://ttlc.intuit.com/community/retirement/discussion/my-father-passed-in-2024-and-my-sisters-and-i-split-his-checking-account-4-ways-my-portion-was-50k/01/3788039#M259754 demossp 2026-02-19T15:11:26Z https://ttlc.intuit.com/community/retirement/discussion/re-my-father-passed-in-2024-and-my-sisters-and-i-split-his-checking-account-4-ways-my-portion-w/01/3788073#M259755 <P><SPAN style="color:#000000;font-size:14px;">Inheritances aren't<I> taxable income</I> to you and are not reported as income on your Form 1040.&nbsp;</SPAN></P> <P>&nbsp;</P> <P><SPAN style="font-size:14px;">You can use this IRS tool to determine whether any other types of inheritance are taxable,&nbsp;</SPAN></P> <P><BR />&nbsp;</P> <H2><A href="https://www.irs.gov/help/ita/is-the-inheritance-i-received-taxable" target="_blank"><SPAN style="color:#1155cc;font-size:14px;"><U>Is the inheritance I received taxable?</U></SPAN></A></H2> Thu, 19 Feb 2026 15:21:30 GMT https://ttlc.intuit.com/community/retirement/discussion/re-my-father-passed-in-2024-and-my-sisters-and-i-split-his-checking-account-4-ways-my-portion-w/01/3788073#M259755 LaShaunA3 2026-02-19T15:21:30Z