Do native Americans pay taxes?
Do you have to pay capital gains taxes on an inheritance?
How do I pay Alabama non-residence land owner taxes?
How much money can I give as a gift to my daughter tax-free?
How much money can I make before I have to pay taxes on it?
If I am retired do I pay state income tax?
If I work an internship in another state how do I go about paying state income tax?
legal taxes
Question by unni (259)
Answer by Ron27 (465)
You should consult a lawyer to discuss your specific legal situation. Most likely, inheritance will be classified as income, and depending on the amount you may be required to pay tax on it.
Answer by MarkWatrous (729)
No, you do not have to pay a tax on your inheritance, please call the State Tax Board at (800) 852-5711 if you have further questions.
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