TN Visa holder receiving inheritance - US tax implications??

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meepmeepNew Member
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TN Visa holder receiving inheritance - US tax implications??

Post Fri Nov 04, 2016 1:25 pm

Hello all -

I am on F1 OPT and will soon be going to TN. I would like to know about US tax laws around inheritances as they apply to resident aliens.

I was left a large sum of money in Canada, 1/3 of which I have already received. The estate is currently tied up in legal stuff that may not be resolved for another 4 years, so it is possible that I won't receive the rest until 2021.

What kind of tax will I have to pay on this money in the US? I plan to still be in the states at that time, still on a TN visa and most likely in part time school here as well. I will definitely be a resident for tax purposes.

Will this be considered as foreign income and taxed as such? How will it be taxed?

Thank you

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