Inherited cash in germany , Its in a bank account probably drawing intrest,,worth more than$ 75. 000.00 what forms to fill out. bought the Delux intuit turbotax product will that work to file.d

Silly2 · ‎February 18, 2025

MinhT1

Inherited money is not taxable at the Federal level and is not reported on your tax return.

Certain states have an inheritance tax.

Please read this TurboTax article for more information.

However, any interest or earnings derived from this money is taxable and has to be reported.

Yes, you can use TurboTax Deluxe if you have interest to report, You may have Foreign tax credit also.

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Do you have an Intuit account?