SusanY1
Expert Alumni

Retirement tax questions

A will isn't a trust, so you won't be 1 or 2.  Rather, you will check the box beside "You are a U.S. person who, during the current tax year, received certain gifts or bequests from a foreign person". 

From there you will populate lines 1a-1h with your information.  Then you will skip all the way to Part IV on Page 6 and provide information about the cash and property received on Line 54.  Skip all of those other questions in between!

Then sign and date the form at the bottom.

There is an awful lot on that form that doesn't apply in your situation, which makes it messier than it needs to be (and quite confusing!).  The good news, though, is that there are only a few data points that you need to worry about - all of the other stuff doesn't apply to you since you didn't receive a distribution from a trust.  

 

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