Menu
Message Board
Board Menu
Cougar Sports
Site
Board
Message Board
Search
Post of the Day
Favorite Posts
Videos
RSS Feeds
Social Media
Cougar Sports
Schedule
Roster
Opponent Boards
Depth Chart
Future Schedules
Store
NCAA Bracket
Site
Events
Donate
FAQ
Ideas
Stats
Rules
Contact Us
About
My Account
Login
Sign Up
Login with Facebook
Login with Twitter
Login with Google+
Report problem with this ad
Reply
Reply in this thread
Start a related thread
Start a related poll
Reply via Boardmail
Aug 10, 2012 - 4:24pm
ds7
don't you have to recognize it as "income?"
(no message)
Reply
Reply in this thread
Start a related thread
Start a related poll
Reply via Boardmail
Report problem with this ad
Report problem with this ad
Messages
Author
Date
Tax question: What tax implications if you inherit money?
AZcougLawyer
Aug 10, 04:16pm
Estate tax is all over the place in recent years
SausageKingOfChicago
Aug 10, 04:18pm
Link
MormonDevil
Aug 10, 04:18pm
It's pretty cool that this post is the #1 search result.
(nm)
2RUEBLUE
Aug 10, 04:50pm
The power of CB
(nm)
MormonDevil
Aug 10, 06:09pm
Is it cash? Or can they trace it?
(short)
SuperTank
Aug 10, 04:20pm
It's considered a long term investment and taxed accordingly
(nm)
SoValleyCOUG
Aug 10, 04:20pm
inherited money is not taxable for the most part
jonnnylingo
Aug 10, 04:21pm
don't you have to recognize it as "income?"
(nm)
ds7
Aug 10, 04:24pm
That's what my google searches seemed to show.
(nm)
AZcougLawyer
Aug 10, 04:26pm
some states have an inheritance tax...
ds7
Aug 10, 04:28pm
BM the main guard on Shawshank Redemption
(nm)
The Dan Man
Aug 10, 04:23pm
To you, nothing.
(nm)
imanihonjin
Aug 10, 04:25pm
Unless its over 500k, don't worry about paying taxes on it
(nm)
STLcoug
Aug 10, 04:25pm
hmmm...if it's not "increase" does this mean it's exempt
ds7
Aug 10, 04:30pm
This^^^
KingDave
Aug 10, 06:26pm
An Arrested Development quote comes to mind
BertoChavez
Aug 10, 04:26pm
Time's up
BertoChavez
Aug 10, 04:38pm
zero tax to you
lukeskywalker
Aug 10, 04:30pm
^^^THIS IS CORRECT^^^
(nm)
buhlcougar
Aug 10, 04:32pm
When you inherit property
elcareeb
Aug 10, 04:33pm
At least that's how I understand it.
elcareeb
Aug 10, 04:35pm
I went through this...
nuts
Aug 10, 05:23pm
Posting on CougarBoard
In order to post, you will need to either
sign up
or
log in
.
