Inheritamce
I live in Mass; my wife & I married filing jointly, will receive part of the proceeds of the sale of her late parents' house. Together with cash we've already received, the amount will be about $200,000. Do we owe tax?
I live in Mass; my wife & I married filing jointly, will receive part of the proceeds of the sale of her late parents' house. Together with cash we've already received, the amount will be about $200,000. Do we owe tax?
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