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Returning Member
posted Feb 12, 2021 5:58:25 PM

Can someone guide me about my situation?im fron the Philippines and i dont know if im entitled to file a tax refund? I inherit money from a new yorker last 2019.

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2 Replies
Expert Alumni
Feb 15, 2021 5:35:12 PM

Inheriting money does not create a taxable event for you. 

 

If the money has earned income in 2020 in the United States, you may have a requirement to file a US tax return. 

 

If you are a resident of the Philippines and live in the Philippines, you can contact Sprintax to determine if you have tax filing requirements.

Returning Member
Feb 15, 2021 6:24:35 PM

Good day..if inheriting money does not make any taxable event to me then why they taxed me a lot?..i mean Charles Schwab..im not a u.s citizen..i can't ask question through email about this..actually,my boyfriend have 2 benefeciary which is his brother and me...his brother died 2012 if im not mistaken then my boyfriend died 2019...someone in fedelity told me that i can get atleast half of the money that the charles schwab taxed me .i need an explanation about this..the problem is i cant contact them through email..anyway, thank you for your time...