Submitted By: Alex
Answered: July 23, 2013 8:30 am

My wife inherited money from her father in Syria. Is this taxable to her?

No. An inheritance, regardless of amount, is tax free to the heir. It does not matter whether the person who died was a U.S. citizen or a foreign national.

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Tax Glossary

Alternative minimum tax (AMT)

A tax triggered if certain tax benefits reduce your regular income tax below the tax computed on Form 6251 for AMT purposes.

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