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Reply #2: It depends on the law in the state where you live
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PDittie
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Sat Feb-14-04 01:46 PM
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2. It depends on the law in the state where you live |
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Tennessee, I am guessing from your handle?
Since you got a 1099 you will very likely have to declare it as income on your taxes, but it depends.
Really, you should contact an attorney where you live who won't charge you for more than a quarter-hour of time (which could still be $50 or so).
Who handled the disposition of her estate last year? He ought to know. Even your accountant ought to be able to answer this (presuming you have one).
Good luck.
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