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Submitted By: Alex
Answered: July 23, 2013 8:30 am
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
Away from home
A tax requirement for deducting travel expenses on a business trip. Sleeping arrangements are required for at least one night before returning home.
