How can my friend in USA gift 1000 dollars to me who is an Indian i mean do either of us have to pay taxes?


im student supported parents while friend has job , pays taxes on earnings friend again liable pay taxes on 1000$ or liable show 1000 dollars given me in tax returns? im in no urgent need of money can suggest cheap way transfer money. have show in tax returns tho dont earn money parents support me , have never filed tax return.
thnkyou in advance

im student supported parents while friend has job , pays taxes on earnings friend again liable pay taxes on 1000$ or liable show 1000 dollars given me in tax returns? im in no urgent need of money can suggest cheap way transfer the...


Business & Finance Taxes United States Next



Comments

Popular posts from this blog

What is actually SEO?Is it only meta tags?Elaborate.?

Should India fight Terrorism or fight simply Pakistan ?