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I'm US Citizen inherited Foreign Money from Sale of Deceased Father's Property in Philippines.He was Filipino citizen. All Taxes are paid in Phil. Money still taxable?
I as US Citizen inherited Foreign Money from Sale of
Deceased Father's Property in Philippines. My Father Is Not US Citizen & is
not Greencard holder. Capital Gains Tax & other taxes have been paid in the
Philippines. Is Foreign Inheritance Money I received still taxable in US? Thank
you. Are these requirements FATCA or FBAR still applicable to me when I file my 2017 Tax return? Thank you
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‎June 3, 2019
11:34 AM