Inheritance can be taxed by the IRS on several different levels and preparing a schedule K 1 is the correct form to use. Learn how to properly and legally report inheritance income so that it is correctly taxed with advice from an experienced tax professional in this free video on taxes.

Expert: Danielle Loughran
Contact: www.accell-us.com
Bio: Danielle Loughran is a CPA with over nine years of public and private accounting experience at Arthur Anderson and Ernst & Young and is currently the director of assurance at Accell.

Filmmaker: Christopher Rokosz

Duration : 0:1:24


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