INHERITED MONEY CASHIERS CHECK BUT DID NOT RECEIVE ANY FORMS

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If the money you received is a cash inheritance, it is not taxable, so no forms / tax information returns would need to be issued.. If you also receive a taxable account, such as a traditional IRA, you would pay tax when you make withdrawals from the account.

Use this IRS tool to help determine whether an inheritance is taxable.

See also this TurboTax tips article for more information.