Why sign in to the Community?

  • Submit a question
  • Check your notifications
Sign in to the Community or Sign in to TurboTax and start working on your taxes
New Member
posted Jun 4, 2019 9:05:30 PM

Last year my grandmother passed away and left me an inheritance, do I have to claim this on my taxes?

all her assets went into a trust and the law firm issued me a check.

0 1 762
1 Best answer
Expert Alumni
Jun 4, 2019 9:05:31 PM

Inherited property (including cash) is not taxable. You do not have to report it on your tax return.

1 Replies
Expert Alumni
Jun 4, 2019 9:05:31 PM

Inherited property (including cash) is not taxable. You do not have to report it on your tax return.