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Will i have to pay tax on an inheritance from a foreign country

Miami, FL |

my friend's mom past away recently, she was given some money, will she have to pay inheritance tax from that? Her mom lived in another country.

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Attorney answers 1


She won't have to pay the IRS for receiving an inheritance; but that doesn't mean that no taxes will be due. Sounds contradictory, right? Watch the video on the first page of my website Issue 5 is about "death taxes" and Issue 8 talks about retirement assets.

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