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June 1, 2019
Question

Do I need to claim an inheritance of $25,000 if I live in Kentucky and if so; where do I claim it (under additions?)

  • June 1, 2019
  • 1 reply
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1 reply

Employee
June 1, 2019

No, you do not pay taxes on inherited money. Therefore you will not report this inheritance on either your federal or state income tax returns.