Tax

Have a tax question? Ask a tax Expert

Connect one-on-one with {0} who will answer your question

Related Tax Questions
I need to transfer funds (approx $35000) from the sale of
I need to transfer funds (approx $35000) from the sale of property overseas to my account in the US. The overseas bank restricts me to <$10000 per wire transfer. What is the best way to transfer an… read more
Barbara
Barbara
Enrolled Agent, Paralegal
9,523 satisfied customers
Will get any trouble with irs if i receive 10.000$ by wire
Hi , will get any trouble with irs if i receive 10.000$ by wire transfer in my bank account in usa from my friend overseas (west Africa “ Ivory Coast “) . My friend is not a US person… read more
Barbara
Barbara
Enrolled Agent, Paralegal
9,523 satisfied customers
I have a question about several gift money we will be
I have a question about several gift money we will be receiving from our older siblings who are not US citizen or green card holders living overseas: My brother will send me $50,000, and my husband will get some money (perhaps about $100,000) from his brother. There is $100,000 cap per calendar year...Does this limit apply to each person or as a couple? He actually sent me $20,000 wire transfer last month but I sent it back because I was not sure about the tax law. … read more
Mark Taylor
Mark Taylor
Certified Public Accountant
Masters
2,340 satisfied customers
I will be receiving a $90,000 gift from my parents to my US
I will be receiving a $90,000 gift from my parents to my US bank account. I am US permanent resident. My parents live in Lithuania, European Union and will be using EU bank to complete the transfer. T… read more
Mark Taylor
Mark Taylor
Certified Public Accountant
Masters
2,340 satisfied customers
I am currently overseas and I wonder if I needed to pay
Hello, I am currently overseas and I wonder if I needed to pay taxes: I sent 20K to my american account last year from overseas to pay debt on my credit cards, otherwise I didnt work and I didnt gain … read more
Christopher B, Esq.
Christopher B, Esq.
Attorney
Juris Doctor
3,432 satisfied customers
My parents are Non-US resident. I am US resident living in
My parents are Non-US resident. I am US resident living in WA . My parents want to gift me cash . My questions are: 1: If they transfer money to my overseas account, do I need to file tax returns? 2: … read more
Barbara
Barbara
Enrolled Agent, Paralegal
9,523 satisfied customers
Merlo, My wife is a NRA and I am a US citizen. We are
Hi Merlo, My wife is a NRA and I am a US citizen. We are currently residing overseas but plan to move back stateside next year. My wife has overseas savings of over 1m USD and our plan is to use a par… read more
Barbara
Barbara
Enrolled Agent, Paralegal
9,523 satisfied customers
I am trying to buy a property located in the United States.
I am trying to buy a property located in the United States. I am legally able to work and have a social security number but does not have a green card. My parents are funding this deal and sending me … read more
Megan C
Megan C
Certified Public Accountant (CPA)
Master's Degree
8,659 satisfied customers
Hello, my father is selling a property in Argentina to a swiss
Hello, my father is selling a property in Argentina to a swiss buyer. The buyer will wire deposit part of that payment into my US account. ( I am a US citizen), due to the difficult with the Argentini… read more
Tax.appeal.168
Tax.appeal.168
Principal
6,416 satisfied customers
Hi I am a permenant resident (Green card), my father wants
Hi I am a permenant resident (Green card), my father wants to finance part of my house mortagage, my partents are non residents and living abroad. My question is : 1. Do any tax will be applied on the… read more
Tax.appeal.168
Tax.appeal.168
Principal
6,416 satisfied customers
My mothers sisters owned a property in Italy which was inherited
My mother's sisters owned a property in Italy which was inherited by my cousins and I. We agreed to sell our portion to one cousin, and the transaction was completed in December. Do I need to pay inhe… read more
Megan C
Megan C
Certified Public Accountant (CPA)
Master's Degree
8,659 satisfied customers
My mother who lives overseas wants to give me around 70,000.
My mother who lives overseas wants to give me around 70,000. Does it get reported to IRS or homeland security if she wires the money or there is a limitation of 10,000? Thanks!… read more
Robin D.
Robin D.
Senior Tax Advisor 4
Vocational, Technical or Trade School
17,630 satisfied customers
My father, an Italian citizen, recently passed away (in Italy).
My father, an Italian citizen, recently passed away (in Italy). He willed me and my brother (U.S. citizens) around $30,000 each. His 2nd wife is arbiter and is trying to wire the funds to us through t… read more
Arthur Rubin
Arthur Rubin
Doctoral Degree
1,278 satisfied customers
I have considerable amount of savings in an overseas account.
I have considerable amount of savings in an overseas account. I don't work and this was a gift from a friend who deposited this money into my overseas bank account. Now I want to wire this money from … read more
Lev
Lev
Retired
Bachelor's Degree Equivalent
30,884 satisfied customers
Is wire-transferred money from non-US acct. to U.S. acct. su
My wife is a resident alien and her mother has visited the U.S. several times and stayed less than three months each time. She does not have a SSN/ITIN and has no asset except a joint bank account wit… read more
Merlo
Merlo
Accountant
9,783 satisfied customers
Hi there, I am a Green Card holder as of now and might
Hi there, I am a "Green Card" holder as of now and might receive Citizenship by March 2009. I have Tax questions as follows: My parents who reside in foreign country wants to gift me. They want to tra… read more
Ed Johnson
Ed Johnson
Senior HR Consultant and Business Devlpm
Bachelor's Degree
6,994 satisfied customers
Hello My parents have offered to pay for my last 2 years of
Hello My parents have offered to pay for my last 2 years of colleges and are planning to send me $2,000 a month living expenses. I know if the amount is less than $100,000 then I dont have to declare … read more
Ed Johnson
Ed Johnson
Senior HR Consultant and Business Devlpm
Bachelor's Degree
6,994 satisfied customers
My parent is going to give me more than $300,000 that I can ...
My parent is going to give me more than $300,000 that I can use to apply to the purchase price of the house in U.S. Both my husband and I are US tax persons but my parents are non-US tax persons. We w… read more
Mic
Mic
CEO
Working on PhD in Hypnotherapy
174 satisfied customers
Disclaimer: Information in questions, answers, and other posts on this site ("Posts") comes from individual users, not JustAnswer; JustAnswer is not responsible for Posts. Posts are for general information, are not intended to substitute for informed professional advice (medical, legal, veterinary, financial, etc.), or to establish a professional-client relationship. The site and services are provided "as is" with no warranty or representations by JustAnswer regarding the qualifications of Experts. To see what credentials have been verified by a third-party service, please click on the "Verified" symbol in some Experts' profiles. JustAnswer is not intended or designed for EMERGENCY questions which should be directed immediately by telephone or in-person to qualified professionals.

JustAnswer in the News:

Ask-a-doc Web sites: If you've got a quick question, you can try to get an answer from sites that say they have various specialists on hand to give quick answers... Justanswer.com.
JustAnswer.com...has seen a spike since October in legal questions from readers about layoffs, unemployment and severance.
Web sites like justanswer.com/legal
...leave nothing to chance.
Traffic on JustAnswer rose 14 percent...and had nearly 400,000 page views in 30 days...inquiries related to stress, high blood pressure, drinking and heart pain jumped 33 percent.
Tory Johnson, GMA Workplace Contributor, discusses work-from-home jobs, such as JustAnswer in which verified Experts answer people’s questions.
I will tell you that...the things you have to go through to be an Expert are quite rigorous.

What Customers are Saying:

I really was impressed with the prompt response. Your expert was not only a tax expert, but a people expert!!! Her genuine and caring attitude came across in her response...

T.G.WMatteson, IL

I WON!!! I just wanted you to know that your original answer gave me the courage and confidence to go into yesterday's audit ready to fight.

BonnieChesnee, SC

Great service. Answered my complex tax question in detail and provided a lot of additional useful information for my specific situation.

JohnMinneapolis, MN

Excellent information, very quick reply. The experts really take the time to address your questions, it is well worth the fee, for the peace of mind they can provide you with.

OrvilleHesperia, California

Wonderful service, prompt, efficient, and accurate. Couldn't have asked for more. I cannot thank you enough for your help.

Mary C.Freshfield, Liverpool, UK

This expert is wonderful. They truly know what they are talking about, and they actually care about you. They really helped put my nerves at ease. Thank you so much!!!!

AlexLos Angeles, CA

Thank you for all your help. It is nice to know that this service is here for people like myself, who need answers fast and are not sure who to consult.

GPHesperia, CA

< Previous | Next >

Meet the Experts:

Wallstreet Esq.

Wallstreet Esq.

Tax Attorney

586 satisfied customers

10 years experience

Mark D

Mark D

Enrolled Agent

1,338 satisfied customers

MBA, EA, Specializing in Business and Individual Tax Returns and Issues

Richard

Richard

Tax Attorney

4,857 satisfied customers

29 years of experience as a tax, real estate, and business attorney.

PhillipsEsq.

PhillipsEsq.

Attorney-at-Law

228 satisfied customers

B.A., M.B.A, J.D.

Robin D.

Robin D.

Senior Tax Advisor 4

17,630 satisfied customers

15years with H & R Block. Divisional leader, Instructor

Megan C

Megan C

Certified Public Accountant (CPA)

8,659 satisfied customers

Licensed CPA, CFE, CMA, CGMA who teaches accounting courses at Master's Level

jgordosea

jgordosea

Enrolled Agent

2,885 satisfied customers

I've prepared all types of taxes since 1987.

< Previous | Next >

Disclaimer: Information in questions, answers, and other posts on this site ("Posts") comes from individual users, not JustAnswer; JustAnswer is not responsible for Posts. Posts are for general information, are not intended to substitute for informed professional advice (medical, legal, veterinary, financial, etc.), or to establish a professional-client relationship. The site and services are provided "as is" with no warranty or representations by JustAnswer regarding the qualifications of Experts. To see what credentials have been verified by a third-party service, please click on the "Verified" symbol in some Experts' profiles. JustAnswer is not intended or designed for EMERGENCY questions which should be directed immediately by telephone or in-person to qualified professionals.

Show MoreShow Less

Ask Your Question

x