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Asked in IL May 26, 2022 ,  0 answers Visitors: 3

A Will

My family and I would like to know if you receive money from a will, do we have to claim it on our taxes

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1 Answers

Anonymous
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Posted on / Oct. 13, 2008 10:29:00

Re: A Will

Generally money received by virtue of a will is not taxable up to a certain amount. I would ask your tax preparer what that number is as it relates to your tax situation.

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