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Inheritance

Is a check from an estate checking account to a beneficiary considered taxable income?

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1 Best answer

Accepted Solutions

Inheritance

That would depend and you should contact the executor and inquire.

 

Typically, however, a cash inheritance is not taxable to the beneficiary.

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1 Reply

Inheritance

That would depend and you should contact the executor and inquire.

 

Typically, however, a cash inheritance is not taxable to the beneficiary.

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