Legal Question in Wills and Trusts in New York

If I received $19683 as a ITF. Do I need to pay taxs on it?


Asked on 1/11/12, 3:51 pm

1 Answer from Attorneys

Arnold Nager Arnold H. Nager, Esquire

Probably not. Inheritances are generally free of income tax.

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Answered on 1/12/12, 4:37 am


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