if you inherit?

1 ⤊

money and a company in a foreign country...how do you place that on a tax return?

2007-02-09 14:46:16 · 2 answers · asked by Paul 3 in Business & Finance ➔ Taxes ➔ United States

You do not have to pay tax on inherited items. If the value of a foreign account is over $10,000 then you will have to file form TD F 90-22.1

2007-02-09 15:47:53 · answer #1 · answered by Nusha 5 · 1⤊ 0⤋

put it in a foreign bank.

2007-02-09 22:50:03 · answer #2 · answered by Hickemtwiddle 4 · 0⤊ 0⤋