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Level 1
November 16, 2022
Question

Inheritance taxes

  • November 16, 2022
  • 1 reply
  • 12 views

A 92 yr old uncle who lived in Washington state passed away in 2018 and his estate is still being liquidated.  Will I pay inheritance taxes on money o get from his estate?  My father from PA passed in 2021, will I pay inheritance taxes on my share of his estate consisting of the sale of his home and a bank savings account?

    1 reply

    Level 15
    November 16, 2022

    The State of Washington does not levy an inheritance tax.

     

    The State of Pennsylvania does levy an inheritance tax

     

    See https://www.revenue.pa.gov/TaxTypes/InheritanceTax/Pages/default.aspx