- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Get your taxes done using TurboTax
@DaveF1006 And as a reminder, for the sale of the foreign inherited house:
sale proceeds = $50K
income taxes withheld at source = $15K
appraisal = $50
(US stepped up cost basis = $150K but the foreign country did not care about ANY cost basis).
‎February 17, 2026
1:50 PM