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Q: Does a US Citizen have to pay taxes on inheritance money from outside the country?
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Related questions

What do you pay if you have an inheritance that arrive from a different country?

I will get money from inheritance already taxed in Germany. Do I have to pay taxes in California too ?


Inheritance money what do you do with it?

A person can do anything they want with inheritance money. Many people buy a home, cars, or save for the future with the money.


What is inheritance cash?

"Inheritance cash is just like any other inheritance, except it's money as opposed to land or a house or other assets." An inheritance is something that is left to you by a family member who has passed away. Inheritance cash is just the money form of an inheritance.


How can you get an inheritance loan?

You can get an inheritance loan to get money more quickly when you are due to inherit money or get a legacy from someones estate. There is often a delay in receiving your inheritance while the estate that the money is coming from obtains probate. Companies specialising in inheritance loans will lend you money while probate is being obtained.


Can state governments borrow money?

yes state can borrow money from union and even outside the country


Why peoploe travel outside their own country for sport purposes?

To get a lot of money


What is included in GDP and what is excluded from GDP?

GDP is the value of all the goods and services produced in the country in one year. Money earned outside of the country is not included.


Is inheritance income taxable?

money that has been inherited has already been assessed for inheritance tax based on the amount left in the deceased estate. Once you have inherited the money you are not liable for inheritance tax.


How can you buy money?

You can't buy money. You can earn money through work or inheritance.


Do I have to pay taxes on money I inherited?

It depends (a) on what country you're in and (b) how much you inherit. In the UK - you pay inheritance tax on estates valued at over £325,000


How Much does South Korea get supported per month?

hello. South Korea is the 14th most richest country in the world and they pay a bit of money per month to people outside the country. If you have a job, they send you 17000 $ per month and if you dont, you get 19500$. It's a fairly a lot of money. Americans give 23500 $ to people outside the country. As the country is rich, more money you will get. Hope my answer Helped man...


What is a registerd voter?

1. At least 18 years old 2. Registered Voter (payed money to vote) 3. A citizen of the country