☰
✕
Sign In

Why sign in to the Community?

  • Submit a question
  • Check your notifications
Sign in to the Community or Sign in to TurboTax and start working on your taxes
New Member
posted Jun 3, 2019 1:50:38 PM

I was given a $5,000 disbursement from my grandmother's estate before she passed. Do I need to report this? I never received any tax forms.

0 1 360
1 Best answer
Level 15
Jun 3, 2019 1:50:39 PM

It is not an inheritance from her estate if she was still alive.  Simply a gift that is not reportable.

1 Replies
Level 15
Jun 3, 2019 1:50:39 PM

It is not an inheritance from her estate if she was still alive.  Simply a gift that is not reportable.