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    okmnj's Avatar
    okmnj Posts: 1, Reputation: 1
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    #1

    Sep 20, 2010, 11:24 AM
    Tax on iheritance from outside u.s.
    My english mother died in england and left me $400k. I pay California and fed income taxes. Do I owe taxes on this inhertance ? My wife inherited $30k . Does she owe taxes?
    ebaines's Avatar
    ebaines Posts: 12,131, Reputation: 1307
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    #2

    Sep 20, 2010, 12:07 PM

    You do not owe any tax to either the US federal government or the state of CA on inherited money . I can't speak as to whether you may owe any taxes to the UK.
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