SW Park
Dec 3, 2021
About sending money to my country
Hi all!
I have a question about sending money to my country.
I’m h-1b status. Since my parents need money, I’ve sent $20,000 to my father this year. I’ll send $20,000 next year. My bank told me there is no problem with that amount of money, but I’m worried there is any forms to report.
Thank you!
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Mo June 2021 FillerDec 3, 2021
wow!Do you send it as lump sum??
SW ParkDec 3, 2021
@mo No I’ll send them separately
Josh bigoshDec 3, 2021
I think you can only send $14k per year. More than, you have to report to IRS.
Mo June 2021 FillerDec 3, 2021
@SW park ohh okay
Nina MRDec 3, 2021
send little amount to not raise suspicious irs
