im recieving $30000 from Peru its an inheritance do i pay taxes on it?
Feb.05, 2010 in
inheritance taxes
only my sisters in peru are in will only because it would have been to difficult to include me since i live in US. and when they are sending it over the bank will write that the reason for the transfer if to pay off a debt. will the IRS get the info from the peruvian bank, and how would i go about to prove its an inheritance? Are there taxes on it? i live in Florida.
No taxes on $30,000 inheritance. And Florida doesn’t have a state income tax anyhow. So you’re HOME FREE!
Congratulations!

February 5th, 2010 at 8:05 am
Interesting question
I guess you have to pay taxes anyway but I am not quite sure
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February 5th, 2010 at 8:21 am
There are no federal taxes on an inheritance or on a gift in the US. I do not know about Florida.
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February 5th, 2010 at 8:41 am
No taxes on $30,000 inheritance. And Florida doesn’t have a state income tax anyhow. So you’re HOME FREE!
Congratulations!
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