How A US Citizen Reports gifts from a foreign person and distributions from a foreign trust
Published March 2, 2019
Views 8.76K | Likes 128 | Comments 41
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How A US Citizen Reports gifts from a foreign person and distributions from a foreign trust Generally gifts received from a foreign person that do not include any US assets are not taxable in the US. Also, distributions from a foreign non grantor trust that do no contain US assets would generally not be taxable either…
- Published
- March 2, 2019
- Made for kids
- No
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