My wife received $1600 when she closed her Mother's checking account after she died. She paid $600 from this money for her Mother's hospice care. Do we owe any taxes on this money?
You'll need to sign in or create an account to connect with an expert.
No, if she inherited this money from her mother, it's not taxable.
No, if she inherited this money from her mother, it's not taxable.
Still have questions?
Questions are answered within a few hours on average.
Post a Question*Must create login to post
Ask questions and learn more about your taxes and finances.
frknphlps
New Member
deeptoaster
New Member
cmvernot
New Member
Pamh1
New Member
kmyawn
New Member