Foreign gifts and inheritances are tax free, but you must fill out an IRS form declaring it if it is more than $100,000 USD. As a dual citizen, she will likely need to file gift tax forms on her tax return.
Why complicate things by having it sent to another person as an intermediary, which could be questioned by the IRS?
Why complicate things by having it sent to another person as an intermediary, which could be questioned by the IRS?
Statistics: Posted by Harmanic — Tue Nov 26, 2024 8:00 am — Replies 2 — Views 99