Do you need to record a cash inheritance of 17000.00 on your 1040 tax return?

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1231127

2026-05-15 15:40

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No. Cash that you receive as an inheritance isn't included in your income, because it isn't taxable.

For more information, go online at www.irs.gov/formspubs. Select Publication Number. Type 559 to read/print Publication 559 (Survivors, Executors, and Administrators). Another helpful publication is Publication 950 (Introduction to Estate and Gift Taxes).

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