Foreign money transfer from USA to India, Any tax complications here in USA?

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residency status? citizen, resident alien or non-resident alien?

how many people did make gift to?

account yours or else's?

forms 709 , tdf 90-22.1 may apply.

i sent huge money gift relatives in india, $30,000 approx wire transfer , icici bank. had no intentions or earn interest or investment purposes. there tax complications or anywhere in tax return need show that?


Business & Finance Taxes United States Next



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