Elawyers Elawyers
Ohio| Change
Asked in IL May 26, 2022 ,  0 answers Visitors: 2

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

Data From  LAWGURU_Question

1 Answers

Anonymous
Reply

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.

Can't find what you're looking for?

Post a free question on our public forum.
Ask a Question

Can't find what you're looking for?

Post a free question on our public forum.
Ask a Question
Search for lawyers by practice areas.
Find a Lawyer