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should i put down inheritance that i got from my dead uncle's estate?

why do i need to put in my inheritance?
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2 Replies

should i put down inheritance that i got from my dead uncle's estate?

Depends if you got a form for it.  Like a K-1 or a 1099R.   What did you get?   

rjs
Level 15
Level 15

should i put down inheritance that i got from my dead uncle's estate?

An inheritance is not taxable income, and you do not report it on your tax return. If you inherited an IRA you probably have an RMD requirement. But if you inherited money, stocks, etc. you don't report it.

 

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