Legal Question in Tax Law in Pennsylvania

is a small inheritance about 20K taxable?

is a small inheritance about 20K taxable?


Asked on 7/22/08, 1:17 pm

1 Answer from Attorneys

Solomon Weinstein Solomon Weinstein, Esquire

Re: is a small inheritance about 20K taxable?

If the inheritance is in pennsylvania it is subject to inheritance tax. the amount depends on your status in relationship to the person who died. A spouse would pay no tax a child or grandchildren 4.5 % other such as brother sister cousin or unrelated person would pay a higher rate. Yo should contact an attorney for further advice or if an estate was begun the executor or administrator.

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Answered on 7/22/08, 6:28 pm


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