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Docfc
New Member

Inheritamce

I live in Mass; my wife & I married filing jointly, will receive part of the proceeds of the sale of her late parents' house.  Together with cash we've already received, the amount will be about $200,000.  Do we owe tax?

posted
‎November 16, 2022 2:00 PM
last updated ‎March 09, 2026 11:48 PM
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ee-ea
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Inheritamce

Not on the 200K but on what that money earns for you.

‎November 16, 2022 3:56 PM
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