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    chatsworthbob's Avatar
    chatsworthbob Posts: 4, Reputation: 1
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    #1

    Nov 13, 2007, 04:52 PM
    Foreign Inheiritance Taxes
    A friend of mine recently has inheirited a large sum of money from a foreign deceased relative. Any idea of what the amount of federal and California state taxes may be due?
    AtlantaTaxExpert's Avatar
    AtlantaTaxExpert Posts: 21,836, Reputation: 846
    Senior Tax Expert
    		  
    #2

    Nov 16, 2007, 02:51 PM
    NO federal estate or California inheritance taxes will be due.

    Any inheritance taxes paid (if any) will be paid in the country of the decedent.
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