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April 14, 2025
Question

I received 16,000 as a beneficiary lastYear. It came from my sons stock account And I did pay taxes of 3381. My question Is this taxable income?

  • April 14, 2025
  • 1 reply
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1 reply

VolvoGirl
Employee
April 14, 2025

Did you get a form for it?  Like a 1099R or a 1099B?  If they took tax withholding out of it it’s probably taxable and you need to report it.