Thanks for your response. If this was an inheritance
, this will not be taxable to you as neither the Federal government
or Kansas imposes an inheritance tax upon the recipient. The only exception would be if these funds were in a tax-deferred account such as an annuity or a retirement
account such as an IRA or 401k and had not been previously taxed. Typically, if you were being distributed income
from a trust, it would be taxable to you. But, in the case of an inheritance being paid from a living trust which became irrevocable at death and this is a distribution of his assets
at death, it would be simply an inheritance and not be taxable.
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