I am a us citizen and my mother has passed. She left me a home in mexico worth betweek 300 and 500k. I plan on selling it and want to bring the money to my american account and invest it.

My question is what tax implications do I have in the US for a foreign inheritance? I know I have to file form 3520 but am unsure If I have to pay any taxes in the USA.

Hello w:

We have great tax experts on the site, but they may not find your post here in the law category. Post it again in the TAX forum.

excon