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Get your taxes done using TurboTax
- Do I need to report this inheritance to the US tax authorities, NO or is filing the FBAR sufficient? YES
- Should a declaration to the US be necessary, which specific forms must I submit? NOTHING NEEDS TO BE DONE
- Are there any taxes due in the US pertaining to this inheritance? AS ALREADY STATED ... INHERITANCES ARE NOT TAXED BY THE FEDS BUT INCOME FROM THESE ARE REPORTED ON AN INCOME TAX RETURN
‎September 24, 2023
5:44 AM
1,247 Views