Hello there,
Was wondering if anyone would know the answer to this one.
A beneficiary, Irish but domiciled legally in USA, will be receiving inheritance well below the Group A threshold (approx 50% under threshold). Is this inheritance lump sum exposed to tax in the USA (IRS).
Thanks
Was wondering if anyone would know the answer to this one.
A beneficiary, Irish but domiciled legally in USA, will be receiving inheritance well below the Group A threshold (approx 50% under threshold). Is this inheritance lump sum exposed to tax in the USA (IRS).
Thanks