My wife received an inheritance last year, where do I enter that information? All I have is a statement from the VA.

rz31 — Thu, 06 Jun 2019 09:46:37 GMT

Generally inheritance is not taxable income to you. "The...

MichaelL1 — Thu, 06 Jun 2019 09:46:37 GMT

Generally inheritance is not taxable income to you.

"The Basic Rule: Inheritances Aren't Taxed as Income . An inheritance can be a windfall in many ways—the inheritor not only gets cash or a piece of property, but doesn't have to pay income tax on it. "

The big exception I see on this is retirement accounts, where the 1099R is taxable income to who inherited it.

Please make another post with more detail if this does not answer your question.

topic My wife received an inheritance last year, where do I enter that information? All I have is a statement from the VA. in Retirement tax questions

My wife received an inheritance last year, where do I enter that information? All I have is a statement from the VA.

Generally inheritance is not taxable income to you. "The...