Venexia
May 23, 2012, 09:03 AM
My mom died in December 2011.
My sister and I have inherited the apartment. My mom was an Italian citizen, my sister and I are USA citizens. We will probably receive each one of us 75.000 Euro as part of this inheritance. Do we have to pay USA taxes on this?
How can we transfer the money from Italy to the USA legally?
Thank you.
My sister and I have inherited the apartment. My mom was an Italian citizen, my sister and I are USA citizens. We will probably receive each one of us 75.000 Euro as part of this inheritance. Do we have to pay USA taxes on this?
How can we transfer the money from Italy to the USA legally?
Thank you.