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View Full Version : Inheritance from another country


Cee Tee
Sep 12, 2014, 03:58 AM
My family and I will be receiving inheritance in the amount of $50,000. We will be taxed by the country it is coming from, but I was wondering if and how much we will be taxed in n.y.

ebaines
Sep 12, 2014, 04:31 AM
Neither NY nor the US federal government have an inheritance tax, so you will owe no taxes to either of them.