Teddy Ho
New Member

Inheritance from a non-US citizen

My grandfather recently passed away, and I have inherited more than100,000 dollars. The money will be transferred to an overseas bank account, and which I plan to transfer it back to the US. what are the precautions to take regarding this matter? Does Form 3520 apply in this situation?

 

I am also currently residing in the state of Nebraska, does the inheritance tax apply?