TomD8
Level 15

Retirement tax questions

@anamasri --

 

There is no federal tax on a foreign inheritance.  However, if the amount received is more than $100,000, then you must file IRS Form 3520.

https://www.irs.gov/pub/irs-pdf/f3520.pdf 

**Answers are correct to the best of my ability but do not constitute tax or legal advice.