Posted by: plots0977 April 23, 2018
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Hello,
Are there any ways to send money from Nepal (over $50K) to US without having any tax implications in the US?
The money is being sent from a family member so can be written off as a gift (from my understanding, with a letter), but to do so, I don't think the receiver can receive it through common practices such as sender giving money to family member in Nepal and receiver receiving from a US based account.
Any experiences?
Thanks!
Are there any ways to send money from Nepal (over $50K) to US without having any tax implications in the US?
The money is being sent from a family member so can be written off as a gift (from my understanding, with a letter), but to do so, I don't think the receiver can receive it through common practices such as sender giving money to family member in Nepal and receiver receiving from a US based account.
Any experiences?
Thanks!