My father worked in USA for 11 months in 1985. He made contribution to an individual retirement plan (tiaa-cref) only during that period. The money since then has grown. He expired in 2016 aged 68 without starting annuity payments. My mother is the named beneficiary and has been asked by the institution to sign a form accepting her inheritance and also W-8-BEN. My parents have been residing in India since.
- What has to be put in part 2 point 10 of W-8-BEN?
- How tax return has to be filed in India ? Under which form ?
- Does tax return have to be filed in USA ? If yes, under which form ?
Is there anything else in this context that we should know?