Tax on an inherited SIPP 18 January at 12:20PM in Deaths, funerals & probate 2 replies 158 views

coralie19

I have a query about my late Dads SIPP.

He passed away after 75. So I understand tax is paid at beneficiaries marginal rate.

However, one beneficiary lives and is tax resident of the US. They pay no tax in the U.K. 

Does anyone know if the SIPP is taxable in the US? 

Marcon

Probably best for the beneficiary concerned to make enquiries of the Internal Revenue Service as she's a tax resident of the US.

Keep_pedalling

Might be worth posting this over on the saving tax board where the tax experts hang out.