The Benefits of Timely Reporting Foreign Inheritance to IRS and Its Effect on Your Finances Timely coverage of international inheritance to the IRS can considerably influence a person's economic landscape. By understanding the coverage requirements, one can stay clear of legal complications and prospective penalties - Form 3520 foreign gift. https://cruzrgqbk.wikicarrier.com/901204/understanding_foreign_gift_tax_reporting_requirements_for_u_s_taxpayers