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November 29, 2024
Question

I am receiving social security at age 64 and I recently got a 40000 inheritance from my mom how does this affect my benefits and tax implications?

  • November 29, 2024
  • 1 reply
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inheritance and social security?

    1 reply

    DoninGA
    Employee
    November 29, 2024

    Depends on the type of inheritance you received.  If it was a cash inheritance that is not reported on your tax return.