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View Full Version : Receiving an inheritance from the Netherlands


shantigoulet
Dec 7, 2011, 12:05 PM
Hi ,

I am going to receive an inheritance from my mother who passed away recently in the Netherlands.
I am now a US citizen, and wonder if there are any taxes that I need to pay on it , or if there is a cut off.
After reading your answers it looked like I didn't have to, and that I only need to fill out a form.

Thanks

AtlantaTaxExpert
Dec 7, 2011, 12:22 PM
There will be no estate or inheritance taxes on the federal level.

There MAY be an inheritance tax at the state level; a phone call to your state department of taxation should provide an answer to that question.

If there is a wire transfer from your mother's estate, Form 3520 may need to be filed to account for the transfer amount, but that is an information return only; NO tax will be due.