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John-H3
New Member

Our grandfather passed away and we received $4800 from his estate. Do I have to download TurboTax Business to process that one line from the 1041?

 
1 Reply
Bsch4477
Level 15

Our grandfather passed away and we received $4800 from his estate. Do I have to download TurboTax Business to process that one line from the 1041?

Inheritance is not taxed and does not have to be reported. 

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