Hos do I report inheritance from my non-resident alien mother?
A cash gift or inheritance from a foreign person is not subject to federal income tax, but if the amount of the bequest exceeds $100,000 you must file IRS Form 3520 to report it.
Hos do I report inheritance from my non-resident alien mother?
A cash gift or inheritance from a foreign person is not subject to federal income tax, but if the amount of the bequest exceeds $100,000 you must file IRS Form 3520 to report it.
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