We live in a family of 4 people. My father died recently. I am a teacher at school. If I receive financial aid, is there any tax withheld?

We live in a family of 4 people. My father died recently. I am a teacher at school. If I receive financial aid, is there any tax withheld?

Short answer

According to Article 377 of the Tax Code, other incomes of the taxpayer include: to the family members of the deceased employee or to the employee in connection with the death of a family member. According to Article 255 of the Labor Code, you can take your father's salary with the death certificate.

Full answer