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New Member

Can i be taxed on 1099-div inheritance?

1 Reply
New Member

Can i be taxed on 1099-div inheritance?

It depends -

If you receive income from a 1099-DIV that is held by the estate, then you will not be taxed on this dividend distribution to you.

However, if you inherit stock that pays a dividend after you have inherited this stock, then this would be considered taxable income to you and would need to be reported on your income tax return.

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