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    jodiver's Avatar
    jodiver Posts: 2, Reputation: 1
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    #1

    May 7, 2010, 10:43 AM
    Inheritance tax
    Hi

    I will be inheriting a small amount (roughly $35K) from a recently deceased family member. The family member lived in the UK was a UK citizen but I live in California. Will I have to pay any California or Federal Inheritance Tax or any other taxes on this money?

    Thanks for your help.
    ebaines's Avatar
    ebaines Posts: 12,131, Reputation: 1307
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    #2

    May 7, 2010, 11:14 AM

    There are no CA inheritance taxes nor federal inheritance taxes, so no worries there. I do not know whether there are any inheritance taxes to worry about in the UK.
    jodiver's Avatar
    jodiver Posts: 2, Reputation: 1
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    #3

    May 7, 2010, 01:26 PM

    Thanks for the response. There is inheritance tax in the UK but the amount involved here is way below the amount above which tax has to be paid.
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