Hi i have a very important question to ask back in august i deposited a check for 37,000 into my bank account as a gift from person that passed away

4 years ago the check came from the deceased's estate do i need to report it to the irs?

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Hi i have a very important question to ask back in august i deposited a check for 37,000 into my bank account as a gift from person that passed away

No, Inheritances are not considered income for federal tax purposes, whether you inherit cash, investments or property.

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