Do I Have To Pay Taxes

by Angie
(Orange ct)

Our parents left us their house in the will and we sold it in new York state do I have to pay taxes on it , I also live in ct so do I pay taxes in both states. We sold the house in April 2011. The amount was 33,000.

I do not know anything about this so please explain in terms that are simple. I also do my taxes online with turbo tax so I do not know how to put it in. Any help would be good . Thanks, Angie

Click here to post comments

Join in and write your own page! It's easy to do. How? Simply click here to return to Income Tax Questions.

Please subscribe to my monthly newsletter, Bookkeeping Basics E-zine. It tells you each month about the new information that I have added, including some great tips and advice from myself and other Bookkeeping Basics readers.

Enter Your E-mail Address
Enter Your First Name (optional)

Don't worry — your e-mail address is totally secure.
I promise to use it only to send you Bookkeeping Basics E-Zine.