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New Member
posted Jun 3, 2019 4:54:51 PM

I paid inheritance tax to the state of Pennsylvania, is there anywhere to put that on the 2018 1040?

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1 Best answer
Level 15
Jun 3, 2019 4:54:52 PM

"is there anywhere to put that on the 2018 1040?"

 

No. State inheritance tax paid is not deductible on your federal income tax return. 

 

See https://www.irs.gov/taxtopics/tc503

2 Replies
Level 15
Jun 3, 2019 4:54:52 PM

"is there anywhere to put that on the 2018 1040?"

 

No. State inheritance tax paid is not deductible on your federal income tax return. 

 

See https://www.irs.gov/taxtopics/tc503

Alumni
Jun 3, 2019 4:54:55 PM

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State  Inheritance Tax, and Federal or State Estate Tax, are not a part of the Income Tax system.  

TurboTax only supports Income Tax filings.
Inheritance Taxes and Estate Taxes are not allowable deductions, in general, on Income Tax filing

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The ONLY STATES with INHERITANCE TAX on bequests to beneficiaries are:

  • Iowa           - no tax assessed if decedent's estate is under $25,000
  • Kentucky
  • Maryland    -lowest top  tax inheritance tax rate pf 10%; small estates of under $30,000 exempt
  • Nebraska   -highest  top tax inheritance tax rate pf 18%
  • New Jersey
  • Pennsylvania

All six states exempt spouses, and depending on state, exemption varies for immediate relatives.