Hos do I report inheritance from my non-resident alien mother?
My mother, a non-resident alien, left me an inheritance that was wired to my US account. How do I report it?
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1 Best answer
TomD8
Level 15
May 31, 2019 2:36:25 PM
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.
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.