You must report an inheritance on your tax return. This is true even though direct descendants, spouses, and registered partners are often exempt from inheritance tax. <\/p>\n\n\n\n
Inherited assets must generally be reported on your tax return. In most cases, the inheritance can be entered in the \u201cGifts\/Inheritances\u201d section. <\/strong> In addition, inherited assets must generally be reported as part of your total assets.<\/p>\n\n Inheritances are not subject to income tax<\/strong> \u2014so you do not pay income tax on the amount you inherit. Direct descendants, such as children, are also exempt from <\/strong>inheritance tax<\/strong><\/a> in almost all cantons.<\/strong> This also applies to spouses and registered partners.<\/p>\n\n However, the inherited assets increase your total assets and may therefore affect your annual wealth tax<\/strong>. For example, if you inherit 50,000 Swiss francs from your father, enter this amount under \u201cGifts\/Inheritances,\u201d and your taxable assets will increase by 50,000 Swiss francs. <\/p>\n\n Each canton sets its own inheritance tax rules. The deceased\u2019s last place of residence is the determining factor\u2014not your own place of residence<\/strong>. Only the cantons of Schwyz and Obwalden do not levy any inheritance tax at all (as of July 2025). Given the many differences between cantons, it is advisable to contact your cantonal tax authority if you have any questions. In addition, many cantons (e.g., Bern<\/a><\/a><\/a>, Zurich<\/a>, or Graub\u00fcnden<\/a>) provide helpful information on this topic online.<\/p>\n\n