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Dave183
Level 2
Nov 16, 2022 8:22 PM UTC
Solved

Inheritance

Is a check from an estate checking account to a beneficiary considered taxable income?

    Anonymous_Answer
    Level 15
    Nov 16, 2022 8:25 PM UTC

    That would depend and you should contact the executor and inquire.

     

    Typically, however, a cash inheritance is not taxable to the beneficiary.

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    1 reply

    Anonymous_Answer
    Level 15
    Nov 16, 2022 8:25 PM UTC

    That would depend and you should contact the executor and inquire.

     

    Typically, however, a cash inheritance is not taxable to the beneficiary.

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