Does My Inheritance Count as Taxable Income?

Update: 2025-01-10

Description

Laura answers a listener's question about paying tax on an inheritance and managing it wisely.

Money Girl is hosted by Laura Adams. A transcript is available at Simplecast.

Have a money question? Send an email to money@quickanddirtytips.com or leave a voicemail at 302-365-0308.

Find Money Girl on Facebook and Twitter, or subscribe to the newsletter for more personal finance tips.

Money Girl is a part of Quick and Dirty Tips.

Links:

https://www.quickanddirtytips.com/

https://www.quickanddirtytips.com/money-girl-newsletter

https://www.facebook.com/MoneyGirlQDT

https://twitter.com/LauraAdams

https://lauradadams.com/

Comments

In Channel

Is Buying an Affordable Home Still Possible?

2025-04-2519:29

The Ultimate Guide to Borrowing from Your 401(k)

2025-04-2317:58

Does a Roth Allow Me to Retire Richer?

2025-04-1816:31

Credit Unions: Your Financial Best Friend with Tansley Stearns

2025-04-1634:02

6 Biggest Mistakes Investors Make in Volatile Markets

2025-04-1115:59

Solo 401(k) or SEP-IRA–Which is Right for You?

2025-04-0917:57

Should I Pay Down My Mortgage Early to Eliminate PMI?

2025-04-0417:08

Home and Renters Insurance–5 Things You Should Know

2025-04-0222:07

Should I Prepay My Mortgage or Refinance?

2025-03-2821:43

9 Tips to Maximize Your Charitable Giving: Donations & Tax Benefits Explained

2025-03-2615:20

Is Switching to an Online Bank Worth It?

2025-03-2120:24

What Happens to Your Money After You Die?

2025-03-1914:50

Which Credit Card Builds Credit the Fastest?

2025-03-1415:42

How to Raise Money-Savvy Kids: Expert Advice from John Lanza

2025-03-1238:50

Should I Cancel Unused Credit Cards?

2025-03-0713:23

7 Micro-Habits That Boost Financial Success

2025-03-0518:19

How Can I Overcome My Investing Fears?

2025-02-2818:58

15 Ways to Stop Impulse Spending and Save More

2025-02-2614:33

Maximize Tax Deductions: How a Side Gig or Small Business Can Lower Your Taxes

2025-02-2127:14

9 Essential Financial Accounts Everyone Should Have

2025-02-1922:26

00:00

Does My Inheritance Count as Taxable Income?

#box-pro-ellipsis-17459417856021{-webkit-line-clamp:2;}Does My Inheritance Count as Taxable Income?

Does My Inheritance Count as Taxable Income?

Macmillan Holdings, LLC

Does My Inheritance Count as Taxable Income?