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Generally, no.

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Q: Will you have to pay taxes on money received from a deceased uncle?
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Related questions

Who did gillian inherit his money from in the story one thousand dollars?

Gillian inherits his money from his deceased uncle in the story "One Thousand Dollars." The uncle leaves Gillian the sum of $1000 as an inheritance.


Your brother received a certified letter to appear in court regarding his being an heir of your deceased uncle. What does this mean?

That would be a notice to your brother that he has been named as a beneficiary of an estate.


What if your uncle remembered you in his will?

The executor of the estate will pay off the bills and taxes and send you what ever it is that was left to you, whether it was specific items or money.


Why did Stacey receive a tongue lashing from uncle hammer?

Stacey received a tongue lashing from Uncle Hammer because he was upset that Stacey had given away the pearl-handled pistol that belonged to Hammer's deceased wife. This pistol held sentimental value to Uncle Hammer, and he was disappointed that Stacey had not respected its significance.


Who is the founder for reach out for kids Australia?

My Uncle, Ian Adams. He was a nice guy, my uncle, but unfortunately he is now deceased. :(


Where on a personal cash flow statement would you record money received when your rich uncle dies?

in the cash in flow colum


Is the wife of your deceased uncle related to you?

Yes, if they were married she would still be your aunt


Does Bre owe Uncle John money?

No Bre does not owe Uncle John money


In Colorado when a person dies with no will and the next living relative is a uncle what are the proceedings?

The estate will have to go through probate, which means the court will appoint an executor for the estate and the executor will carry out the wishes of the deceased to the best of his abilities. Abiding state and local laws and taxes


What is my deceased wife's nephew to me?

Before she died, your wife was his aunt and your were his uncle. He never referred to you as his uncle-in-law and you never called him your nephew-in-law. Now that your wife is gone, you are still his uncle and he is still your nephew, period. Or, if you need to be very precise because you find another relationship developing in your life, he is your "deceased wife's nephew."


What are the ratings and certificates for Her Uncle - 1915?

Her Uncle - 1915 is rated/received certificates of: UK:U


What are the main characters of one thousand dollars by O Henry?

The main characters in "One Thousand Dollars" by O. Henry are young Gillian, the deceased uncle James Dillingham Young, and his lawyer Mr. Middleton. Gillian inherits $1000 from his uncle and learns a valuable lesson about the true value of money.