“She would be dinged”
Royal expert
The ginger royal and stunning American actress are set to tie the knot in a ceremony at Windsor Chapel in May.
And even though Meghan intends to take up British citizenship, she won’t be getting her hands on Harry’s fortune.
This is due to the fact that she’d be stung with a huge bill by American income tax.
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Meghan can only take up British citizenship after living in the UK for three years, so she will have continue paying the US Internal Revenue Service, unless she gave up her US citizenship.
Royal expert Marlene Koenig told The Sun: “Even when married to a member of the British royal family, as long as she remains a US citizen she will have to pay income tax.
“If she has investments in the US, say for example a retirement plan that she set up, if that’s making money, she would have to pay up.
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“This is even on money earned outside the US. If she receives money from her husband or his family, and that’s considered income, she would have to pay income tax on that.”
Harry is not given any money from the taxpayer.
When Princess Diana died, he was given half of her £21.5million estate and shares a £3.5million yearly allowance with Prince William.
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Marlene added: “It is possible there may be other family trusts that he receives money from – we don’t know officially if the Queen has set up trusts for her grandchildren.
“it’s the same thing with some of the Queen Mother’s money, there were rumours that there were different trusts set up, but that’s not public information.
“With the sort of money, if Meghan’s name is on that account, most likely she would be dinged – that would have to be reported as income in the US.”