Get Answers

Return to income

I have a question about what constitutes a gift or inheritance. I received money from a parent after my grandparent died. Does this count as a cash gift or inheritance?

Regarding your question about gift or inheritance, if you received the money through your grandparent's will or estate, the money was an inheritance.

The money was probably a cash gift if:

  • You didn't receive the money directly through your grandparent's will or estate.
  • Your parent wasn't obligated -- by the will or otherwise -- to give you the money.
  • You gave your parent nothing in return.


Ready to file?

You've got your forms. And we've got your back. There's only one thing left to do. Let's do this.


So how much will you get (or owe) this year? That’s the million-dollar question. We happen to have three very useful calculators to help you estimate your refund or balance due.

Need Live Support? 1-800-HRBLOCK (1-800-472-5625) or Find An Office