Do I have to pay income tax on money I recieved as beneficiary on an annuity and on a certificate of deposit? - certificate of deposit tax
The value of an inheritance or gift is not taxable to the recipient, but no profit out of the money is taxed as ordinary income. The company pays the pension to be disturbed part of the income and the repayment of part of the investment in general, but if you must have inherited, to a CPA to help the tax base.
Certificate Of Deposit Tax Do I Have To Pay Income Tax On Money I Recieved As Beneficiary On An Annuity And On A Certificate Of Deposit?
1 comments:
It depends on your situation. It is not possible to answer your question without more information.
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