Do I have to pay taxes on inheritance money from sale of my mothers house after her death?
Me and my two siblings received an inheritance of $18,000 each after the sale of our mother's home after her death. Do we have to pay income taxes on this money?
Look here: http://www.irs.gov/pub/irs-pdf/p950.pdf
by StayPos8 months ago
If you received an unexpected inheritance of one million dollars what would you with the money?Oh and by the way the taxes have already been paid :-)
by Susan Reid5 years ago
Wow. 500,000 households making more than $100K per year and 7,000 millionaires paid no income tax in 2011.Do they consider themselves "victims" do we suppose?Are they lost causes who will never...
by Mikel G Roberts7 years ago
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by gassmant7 years ago
do i have to pay an inheritance tax on cd s of 102,000
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I feel that if we truly lived in a free market society taxes would be extremely low, inheritance tax would be non-existent and there would not be a minimum wage law. I feel that taxes and minimum wage laws hurt the...
by Texasbeta6 years ago
I hate to just post a link and walk away, but I cannot imagine it being put more clearly.http://www.rollingstone.com/politics/ne … h-20111109
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