Where do I put an inherritance from a family member

ryannshannonn333 · ‎June 3, 2019

MaryK1 · ‎June 3, 2019

An inheritance is not taxable income that has to be reported UNLESS it is an inherited IRA (you will get a 1099-R and enter in the Retirement section) or you inherited something that was later sold (for example, you inherited a house and then sold it- this is entered in Investment section)

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MaryK1 · ‎June 3, 2019

An inheritance is not taxable income that has to be reported UNLESS it is an inherited IRA (you will get a 1099-R and enter in the Retirement section) or you inherited something that was later sold (for example, you inherited a house and then sold it- this is entered in Investment section)

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

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Where do I put an inherritance from a family member