sanperky1
Level 1
12-06-2019
09:47 PM
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It appears to be cash.
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itonewbie
Level 15
12-06-2019
09:48 PM
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Generally no, assuming the deceased was not a covered expatriate. However, there may be various information return filling requirements such as F.3520 and FBAR.
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itonewbie
Level 15
12-06-2019
09:48 PM
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You may also want to check if the state has any inheritance tax.
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Still an AllStar
Still an AllStar