What is the minimum or maximum amount of a monetary inheritance before taxes are applicable? And is it required that it be filed regardless of amount?

alberto_5901 — Wed, 05 Jun 2019 21:50:12 GMT

Inheritance in general, are not taxable to you. If you in...

PaulaM — Wed, 05 Jun 2019 21:50:13 GMT

Inheritance in general, are not taxable to you. If you inherited real estate or other income producing assets, then you would pay taxes on those amounts.

Some states do impose an inheritance tax. See the link below.

https://turbotax.intuit.com/tax-tools/tax-tips/Taxes-101/What-are-Inheritance-Taxes-/INF14800.html

topic What is the minimum or maximum amount of a monetary inheritance before taxes are applicable? And is it required that it be filed regardless of amount? in Retirement tax questions

What is the minimum or maximum amount of a monetary inheritance before taxes are applicable? And is it required that it be filed regardless of amount?

Inheritance in general, are not taxable to you. If you in...