Will I have to pay taxes on cash inheritance?
tanyacowan
Member Posts: 2 Newcomer
I inherited cash amount from my aunt's passing, she lived in California. Will I have to pay taxes on that amount?
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Best Answers
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Hello, tanyacowan!
That's a great question!
Inheritances of nontaxable. You will not need to pay income tax on the cash inheritance.
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Awesome, thanks so much!
