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taco_19
New Member

Are inherited property and bank accounts in home country (INDIA) taxable ?

I am an Indian citizen, working in US on visa. I have inherited properties after my parents death and they are in India. Do I need to report them ?
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Accepted Solutions
RichardG
New Member

Are inherited property and bank accounts in home country (INDIA) taxable ?

Generally speaking, an inheritance or gift is not taxable income.  

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1 Reply
RichardG
New Member

Are inherited property and bank accounts in home country (INDIA) taxable ?

Generally speaking, an inheritance or gift is not taxable income.  

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