Tag: 'inheritance'
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From TurboTax
Do I need to report a cash inheritance?
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From the community
Is Inheritance money taxable?
Is inheritance money taxable? If it is how does this work into my tax return?
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From the community
How do I report the sale of a condo held as a life estate by deceased parent?
"Our mother set up a 'Life Estate' in 1993 where she retained all rights and obligations relating to the...
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From the community
My mother paid off her home. She wants to add me to title as owner. If she dies, does my brother have any claim to her portion as inheritance?
The house would then just be in my name and hers. Would the house become 100% mine upon her death? Or would...
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From the community
If the "transferor" on a 1099S (home sale) is listed as "Estate of...", do I need to report any of this on my personal income taxes if the estate was under 5 million USD?
I inherited a house that was sold by an estate. The estate was then closed and the proceeds (including sale...
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From the community
I received an EE Savings Bond when my mother died. It was made out to her OR to me. Is this an inheritance? How do I label it for tax purposes?
I know I have to pay taxes on the interest but does it matter if I call it an inheritance, a gift or is it...
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From the community
will california allow my tax loss carryover for tax year 2013 from my federal tax return 2012 even though I was not required to file a california tax return for 2012?
I had no income from california in 2012. In 2013 I received an inheritance so there was income from...
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From the community
Property on an estate was sold for a LOSS. My wife as trustee will get a 1099 S in her name for less than ($100K). Assets will be divided w/ sibs. IRS filing required?
Parents died several years ago. Property was unsold for several years, finally sold at a loss. Property...
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From the community
Are state inheritance taxes paid on an inherited rental property deductible on the Federal Schedule E?
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From the community
Inheritance - Federal and PA
TurboTax Deluxe The amount received was from an IRA from my husband's mother who passed away last...