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drewcarv
New Member

Does inheritance income need to be reported?

I received an amount of money as an inheritance in 2016 and live in California. I'm aware that there is no tax on this federally nor in the state of California. However, does it still need to be reported? I saw no questions regarding this in Turbo Tax. I have already filed, so am trying to find out if I need to make a correction.
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MinhT
Expert Alumni

Does inheritance income need to be reported?

Inheritance is not taxable at the federal level and in California.

You do not have to report it on your tax return.

Please read this TurboTax FAQ for more information:

https://ttlc.intuit.com/replies/3300476



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1 Reply
MinhT
Expert Alumni

Does inheritance income need to be reported?

Inheritance is not taxable at the federal level and in California.

You do not have to report it on your tax return.

Please read this TurboTax FAQ for more information:

https://ttlc.intuit.com/replies/3300476



**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
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