Kim, a resident and citizen of Korea, dies during an operation at the Mayo Clinic in Rochester (MN). Because Kim died in the U.S., she will be subject to the Federal estate tax.

Question

Quizplus · Accepted Answer

The Federal estate tax applies to U.S. citizens and residents, or non-residents with U.S. assets. Kim, being a non-resident and non-citizen, would not be subject to the Federal estate tax unless she owned U.S. assets.

Kim, a Resident and Citizen of Korea, Dies During an Operation