Maryland  |  Wills and Trusts

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8/31/07, 11:15 am

Legal Question


Life insurance and money received from sale of house left in will

My mother recently passed away and I was the beneficiary on her life insurance.Do I have to claim the remaining money after the funeral on my income tax. Also my 5 siblings and I will receive about $3,000 each from the sale of her house from her will, do we have to claim this on our income tax


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