I live in TN. My dad lived/died in IL in 2012. i received cash inheratance in 2016. Do I owe inheratance tax?

gibson1021 · ‎May 31, 2019

macuser_22 · ‎May 31, 2019

There is no Federal Inheritance tax for a cash inheritance. If the estate issued a K-1 form to you there might be some tax on that.

**Disclaimer: This post is for discussion purposes only and is NOT tax advice. The author takes no responsibility for the accuracy of any information in this post.**

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macuser_22 · ‎May 31, 2019

There is no Federal Inheritance tax for a cash inheritance. If the estate issued a K-1 form to you there might be some tax on that.

**Disclaimer: This post is for discussion purposes only and is NOT tax advice. The author takes no responsibility for the accuracy of any information in this post.**

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I live in TN. My dad lived/died in IL in 2012. i received cash inheratance in 2016. Do I owe inheratance tax?