Skip to main content
Level 3
Mar 22, 2023 7:24 PM UTC
Question

INHERITANCE

How do I handle an inheritance received from a foreign country

This topic has been closed for replies.

7 replies

Level 5
Mar 22, 2023 7:58 PM UTC

Foreign county should not make any difference.  What are you needing to report?

Level 3
Mar 22, 2023 9:39 PM UTC

Money

Level 6
Mar 22, 2023 10:00 PM UTC

Is the amount less than $100,000?

sjrcpa
Level 15
Mar 22, 2023 9:32 PM UTC

Form 3520

Possible FBAR and Form 8938.

More foreign reporting possibilities depending on what they inherited.

The more I know the more I don’t know.
Level 3
Mar 22, 2023 9:36 PM UTC

They inherited money from the sale of their grandfather's land. in St Bethlemy

Level 8
Mar 24, 2023 7:53 AM UTC

I would research the subject on irs.gov