The Benefits of Timely Reporting Foreign Inheritance to IRS and Its Effect On Your Funds Prompt coverage of international inheritance to the IRS can substantially affect a person's economic landscape. By recognizing the coverage needs, one can prevent legal problems and prospective charges - penalties for not filing Form 3520. https://ricardonkzrl.wikifordummies.com/9018383/the_comprehensive_foreign_gift_tax_reporting_requirements_checklist