Tax season 2023: Do you have to pay taxes on money or property received in a will?
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Tax season 2023: Do you have to pay taxes on money or property received in a will? Misty Severi March 21, 02:40 PM March 21, 02:40 PM Video Embed W ith tax season upon us, filers who received money through an inheritance from a loved one's will may wonder whether they need to pay taxes on the unexpected income. The short answer is not usually, but three different kinds of taxes could come into play, depending on what a person is inheriting and state laws. Those...