What should I do with a small inheritance of $50k?
04405
4 Replies
R-SchuleCPA
Expert Alumni
Nov 16, 2022 1:11:52 PM
Unfortunately, Turbo Tax does not give investment advice. But whatever direction you chose, please remember, interest, dividends and capital gains will be taxable in the year earned or sold.
fanfare
Level 15
Nov 16, 2022 1:16:24 PM
Take Jeff Bezos' advice : put the money into an emergency cash account at your bank.