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Does inheritance income need to be reported?

Forum|Forum|7 years ago
June 7, 2019
1 reply
15 views

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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Best answer by MinhT1

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

MinhT1Answer

Level 15

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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