Internaitonal money being wired into California bank account
Hi there. I have a few questions about international wireless transfers... How do you transfer inherited money from an international account to a bank in California, Ca. Can you just give your bank account number and international routing number? It may be around $150,000. Does it get taxed? Does it need to be reported? Is there another form one would need to fill out when doing taxes next year? I just want to make sure it is done the right way.
Comment on Fr_Chuck's post
HI. Yes, land is being sold that belonged to my grandmother. I haven't seen paperwork yet, but I know it's there. I just want to make sure it is brought here the right way. Do you know how it works? Thanks.