Meghan Markle AND Royal baby will owe US ​​taxes – plus unearned income at over $ 2,100

Prince Harry's baby and Meghan Markle will become taxable in the United States from birth, which should be in the coming weeks.

Since the Duchess of Susbad has the status of American citizen residing for five years, of which at least two since the age of 14, the royal child is obliged to share the details of his income.

It includes unearned income of more than $ 2,100 until the prince or princess is at least 18 years old.

This means that any real estate, jewel or house pbaded on by the British Royal Family will become the business of the Internal Revenue Service, while the US citizen child will be too young to renounce his nationality.

Any foreign trust fund is eligible for US tax even if the king never arrives on US soil.

"There is no other precedent among members of the American royal family. So no one else has ever faced this situation, "David Treitel, founder of American Tax Returns Ltd., told CNN.

Markle, 37, born in California, still has to file a tax return in the US and declare badets of more than $ 200,000 and donations of more than $ 15,797 while she now resides in Frogmore Cottage, Windsor.

Even if she renounced her US citizenship, she would still have to prove five years of tax compliance, which will open her financial activities to the IRS.

The tax expert predicted that this could cause members of the royal family – who receive their salary from British taxpayers – to think more about the management of donations.

& # 39; The queen must sit there and her counselors must sit there thinking: well, if I lend a tiara to Meghan, if the baby uses a beautiful silver rattle used by Queen Victoria, how much is it worth? What is the value of it? How much should be reported to the states? It's a tough question, it's not easy, "Treitel said.

But an internal tax attorney told CBS that the Royal Accountants would have been prepared at this time since relations between the duke and the Duchess of Susbad have become serious.

The two men met in London in July 2016.

Stuart E. Horwich said they would have measures to ensure that nothing unnecessary is revealed, at the risk that the IRS comes after royal money due to missteps related to Markle.

"I doubt that anyone would be careless enough to create a situation in which anything sensitive to a sore spot could be handed over to the IRS," Stuart E. Horwich told CBS.