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    whiteonwhite76's Avatar
    whiteonwhite76 Posts: 1, Reputation: 1
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    #1

    Jan 20, 2010, 12:16 PM
    Inheritance tax from germany
    I am a us citizen living in California my grandmother living in germany recently left me a small inheiritance less than 60k the taxes were paid to the german govt do I owe anything to the us govt and do I have to file it with my taxes?
    AtlantaTaxExpert's Avatar
    AtlantaTaxExpert Posts: 21,836, Reputation: 846
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    #2

    Jan 20, 2010, 12:49 PM
    No taxes are owed to the U.S. government on this inheritance.

    You MAY owe money to California, but I doubt it. A phone call to the California Franchise Tax Board should confirm this.
    MukatA's Avatar
    MukatA Posts: 7,110, Reputation: 176
    Tax Expert
    		  
    #3

    Jan 21, 2010, 03:11 AM

    CA also does not tax inheritances.

    If you had money in your foreign account, you may have to file TD F 90-22.1. if at any time during 2009, you have an interest in or a signature or other authority over a financial account in a foreign country, such as a bank account, securities account, or other financial account and the total amount at any time in the year was $10,000 or more.
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