Legal Question in Tax Law in Florida

When you inherit under 10.000 do you still claim it on federal taxes?


Asked on 1/26/12, 6:30 am

1 Answer from Attorneys
Sanford M. Martin Sanford M. Martin, P.A.

No. Depending on your Federal tax situation, you can inherit more than

$10,000 without tax liability. Also, you are not responsible for Federal estate

taxes imposed on the donor. Florida has no inheritance tax.

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Answered on 1/26/12, 6:54 am


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