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Did you get any forms like a 1099R or 1099INT for it? Usually inherited cash is not reported. What kind of account was it in?
In general, any inheritance you receive does not need to be reported to the IRS.
You typically donāt need to report inheritance money to the IRS because inheritances arenāt considered taxable income by the federal government.
That said, earnings made off of the inheritance may need to be reported.
Click here for additional information on inheritance.
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