Wow, thanks, Angela!
I have a few more Questions:
The Inheritance is more than $100'000:
If the State imposes an Estate Tax, how high will that be?
In Switzerland an Inheritance Case can take up to two Years. So I will file the Inheritance in the Year I received the Money on in the Year my Mother died (Then I don't know exactly how High the inheritance is...)
Up until now, I allways lived and worked in Switzerland, I have absolutely NOTHING in the USA (except my Sister, but no Money, Bank Account, House,...). I have allways earned a "normal" Paycheck here in Switzerland. When and How do I start Filing Taxes in the US, Is there someone who can help me? I am 28 Years old and I earn roughly 65K a year, minus the taxes I pay here, minus life insurance, etc....
How do I proceed at that point?
OK, that clears a lot for me, thank you! Since my Sister lives in the US, she has a Person who helps her with her taxes, so I guess I'll just give that matter of filing taxes for the past 6 years to that person aswell, I hope this won't be such a huge matter, since I'm not the wealthiest person, not even here in Switzerland ;) After that (I guess in 2014) I will file taxes for the inheritance with that 3520 Form.Thanks a lot, I wish I had you at home for all my Follow Up Questions.
Oh! Just one more: When I "Walk up to the IRS" tomorrow, with my Forms, filing the last 6 years, is there any penalty I will face? How come, nobody EVER told me to file taxes in the US? How come the IRS never ever even wrote me a letter? Not filing taxes with my "normal" life in Switzerland, is or was that illegal?