Message Font: Serif | Sans-Serif
No. of Recommendations: 0
As a follow up, in the ultimate event that one (and/or both) of a non-resident non-US resident/citizen married couple with a JTWROS broker account die(s), is there any estate/inheritance tax liability? Is a JTWROS account the best one for non-resident marriued couples?

Incidentally, I live in the UK, which has a tax treaty with the US.

BTW, can you clarify the real estate income tax part? Does this apply to holdings of REITs, and if so, is there any annual lower income exemption etc? What about sales of REIT shares, would tax be deducted on the proceeds (and if so, at what rate)?
Print the post  


In accordance with IRS Circular 230, you cannot use the contents of any post on The Motley Fool's message boards to avoid tax-related penalties under the Internal Revenue Code or applicable state or local tax law provisions.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.