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    grodowitz
    New Member
    posted
    ‎June 4, 2019 7:15 PM
    last updated ‎June 04, 2019 7:15 PM

    Money deceased mothers checking account?

    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?

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    IsabellaG
    Expert Alumni
    Expert Alumni
    ‎June 4, 2019 7:15 PM

    Money deceased mothers checking account?

    No, if she inherited this money from her mother, it's not taxable.

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    IsabellaG
    Expert Alumni
    Expert Alumni
    ‎June 4, 2019 7:15 PM

    Money deceased mothers checking account?

    No, if she inherited this money from her mother, it's not taxable.

    **Say "Thanks" by clicking the thumb icon in a post
    **Mark the post that answers your question by clicking on "Mark as Best Answer"

    View solution in original post

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