{"id":20286,"date":"2017-06-14T12:00:00","date_gmt":"2017-06-14T12:00:00","guid":{"rendered":"https:\/\/www.hrblock.com\/tax-center\/"},"modified":"2021-07-08T14:33:16","modified_gmt":"2021-07-08T19:33:16","slug":"should-i-report-a-small-inheritance-to-the-irs","status":"publish","type":"post","link":"https:\/\/www.hrblock.com\/tax-center\/income\/other-income\/should-i-report-a-small-inheritance-to-the-irs\/","title":{"rendered":"I have a question about IRS inheritance issues. How do I report an inheritance I received by check?"},"content":{"rendered":"<p>Relative to IRS inheritance issues, if you inherited cash payable to you in a check, it&#8217;s usually not taxable.<\/p>\n<p>If you inherited something other than cash payable to you via check, there might be IRS inheritance ramifications. Taxable assets could include an IRA that&#8217;s paying you income or property, depending on your basis.<\/p>\n<p>Whether an inherited item is taxable will depend on the type of item you inherited.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Relative to IRS inheritance issues, if you inherited cash payable to you in a check, it&#8217;s usually not taxable. If you inherited something other than cash payable to you via check, there might be IRS inheritance ramifications. Taxable assets could include an IRA that&#8217;s paying you income or property, depending on your basis. Whether an [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[24,50],"tags":[],"class_list":["post-20286","post","type-post","status-publish","format-standard","hentry","category-income","category-other-income"],"acf":[],"yoast_head":"<title>Should I Report A Small Inheritance To The IRS? | H&amp;R Block<\/title>\n<meta name=\"description\" content=\"How does the IRS handle different types of inheritance? 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