MobileRead Forums - View Single Post - Anyone got experience transfering a large sum of money into the US?

JeremyZ · 08-19-2010, 10:43 AM

My wife is Polish and has an inheritance she wants to transfer into our account in the US. (we live here)

It seems we're already going to have to pay a big sum just to transfer it.

But we don't want to be taxed on this, because it has already been taxed in Poland and I think there is some exception for a one-time inheritance when someone moves into the country.

Does anyone know?

If it is simple, I'd rather save the time and money it will take to talk to a tax lawyer.

08-19-2010, 10:43 AM	#1
JeremyZ Addict Posts: 303 Karma: 1000702 Join Date: Sep 2009 Location: Chicago Device: Nook ST, Kindle 2, Samsung Galaxy Stellar phone	Anyone got experience transfering a large sum of money into the US? My wife is Polish and has an inheritance she wants to transfer into our account in the US. (we live here) It seems we're already going to have to pay a big sum just to transfer it. But we don't want to be taxed on this, because it has already been taxed in Poland and I think there is some exception for a one-time inheritance when someone moves into the country. Does anyone know? If it is simple, I'd rather save the time and money it will take to talk to a tax lawyer.