Where do i enter inheritance income?

[laurabusch003]

We've received money (a personal check from a lawyers office), but no documentation of the transactions.

[nyinyeb]

Generally, inherited property (including cash, stocks, and real estate) is not taxable or reportable on a personal 1040 federal return.

However, any income earned from an inheritance such as interest, dividends, rent) or capital gains will be taxable.

An inheritance will be taxable if you inherit an IRA, 401(k) or other retirement account and receive a distribution. That would be considered "income in respect of a decedent" which is earned by a deceased person prior to death. Because it was paid after death the income is taxable to the recipient in the year paid.

You would report the inherited income based on the form it takes. Inherited retirement is reported as 1099-R (retirement section), while inherited property sold is reported in Investment section

[DawnC0]

Usually your inheritance is not taxable and is not reported on your tax return. However if you inherit property that produces income such as interest, dividends, or rents, that income is taxable and reportable on your return.

[amiedignan]

I inherited a Money from my father's IRA when he passed away in April. 

[VictorW9]

Withdrawals from the IRA are subject to the same taxes associated with the account. If it's a traditional IRA, then your withdrawals will be subject to taxes. Also, the same applies if the IRA is a Roth, then you can make tax free withdrawals from the account.

[PD57]

I received a 1099misc for payment from a lawsuit my deceased husband was an attorney for as the surviving spouse.  Turbo Tax wants me to claim this as business income and pay self-employment tax on.  Why? that is my only income.  The box on the 1099 misc is Box 10 completed by the associate attorney.  Why do I have to claim this as business income?