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Well, you need to get advice on a couple of matters -- taxes, yes, but more importantly, probate.

Did your mom have a will? Did she leave all her estate to you? Has the estate gone through probate? Until it has, you really should have left the money there, except for amounts needed for funeral costs, until probate was done.

I really don't remember how we claimed our share of my mom's estate a couple years ago, but I don't recall it having a big impact on our taxes.

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