Tax

Have a tax question? Ask a tax Expert

Ask an Expert,
Get an Answer ASAP!

Related Tax Questions
A friend of mine wants to send me $12,000,000 wire transfer,
a friend of mine wants to send me $12,000,000 wire transfer, what are the risks for me? it is coming from a swiss bank … read more
emc011075
emc011075
Senior Tax Specialist
Bachelor's Degree
16 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
2,328 satisfied customers
My wife is a foreign national who is a legal US resident
My wife is a foreign national who is a legal US resident (not US citizen). For medical school, her family gave her a no-interest loan valued at >$100,000 USD. We plan to pay them back in their curr… read more
Tax.appeal.168
Tax.appeal.168
Tax Accountant
4,903 satisfied customers
A foreigner loan his son $300,000 who lives in USA. Is there
A foreigner loan his son $300,000 who lives in USA. Is there any tax implication or filing requirement for the son?A foreigner who wire $300,000 to his son who lives in USA. Is there any tax implicati… read more
NPVAdvisor
NPVAdvisor
CFP Licensee and Practitioner
Master's Degree
180 satisfied customers
How much money My parents can wire transfer to me and my wife
How much money My parents can wire transfer to me and my wife in USA from INDIA to consider as a gift.… read more
Tax.appeal.168
Tax.appeal.168
Tax Accountant
4,903 satisfied customers
, I have a questions regarding gift taxes. My mom,
Hello, I have a questions regarding gift taxes. My mom, sister, and my uncle wants to gift me money for the down payment of the house that I will buy. My mom, sister and uncle are foreign persons and … read more
Richard
Richard
Tax Attorney
Doctoral Degree
4,512 satisfied customers
If my oversea relative give me 20000 cash as gift, do I need
If my oversea foreign relative wire me $20,000 to my bank account as personal loan, do I need file form 3520?… read more
LEV
LEV
Retired
Bachelor's Degree
14,896 satisfied customers
I am considering moving to Colombia to take advantage of their
I am considering moving to Colombia to take advantage of their 5 years of tax free income from foreign affairs. My question is, is this for ALL income including capital gains? This is my situation: I … read more
LEV
LEV
Retired
Bachelor's Degree
14,896 satisfied customers
My father, a non-resident living overseas, would like to give
My father, a non-resident living overseas, would like to give $100,000 to my daughter (US Citizen) as a wedding gift toward the down payment for purchasing a home in the US. Any advise on how to do th… read more
NPVAdvisor
NPVAdvisor
CFP Licensee and Practitioner
Master's Degree
180 satisfied customers
International Money Gift - How to transfer money to US?
International Money Gift - how to transfer money to US My cousin wants to give me around $500,000 as money gift (to help me buy real estate in US.) He is not US resident, lives in Russia. I am US citi… read more
LEV
LEV
Retired
Bachelor's Degree
14,896 satisfied customers
Good afternoon, Im going through my divorce and my husband
Good afternoon, I'm going through my divorce and my husband lives in Colombia, South America. I am in the USA on a L1-B visa (working visa), and I've been here for almost 4 years. As part of our agree… read more
Anne
Anne
Master Tax Preparer
1,328 satisfied customers
Hello. My girlfriend has student loans, but my father wants
Hello. My girlfriend has student loans, but my father wants to pay them off for her so she doesn't have to pay interest and she can go gradually paying him back. My question is, how can we go about it… read more
Tax.appeal.168
Tax.appeal.168
Tax Accountant
4,903 satisfied customers
Hi,I am a foreigner married to a US citizen and we are living
Hi, I am a foreigner married to a US citizen and we are living in California. My father (German), wants to send me a money gift/living will (early inheritance) from Germany. I have heard that if the g… read more
Robin D.
Robin D.
Senior Tax Advisor 4
Vocational, Technical or Trade School
15,569 satisfied customers
my brother in law is planning on moving his family to the States
my brother in law is planning on moving his family to the States from Taiwan this summer. He wants to wire transfer 100k to my bank account beforehand. Once they arrive with their proper papers, he wi… read more
Merlo
Merlo
Tax Consultant
558 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
Tax Consultant
558 satisfied customers
Scenario My Father is a retired US Citizen that lives overseas
Scenario: My Father is a retired US Citizen that lives overseas in Cambodia. He comes to the US maybe 2 months out of the year for medical visits but otherwise lives in Cambodia. He recently sold some… read more
Mark D
Mark D
Enrolled Agent
Master's Degree
1,338 satisfied customers
Is money wired from Costa Rica, taxable here in the U.S.A.
They might wire either $23,000 or $50,000 to my line of credit here in the U.S. from Costa Rica, and I want to know if I would need to pay any kind of tax on that money.… read more
Mic
Mic
CEO
Working on PhD in Hypnotherapy
174 satisfied customers
Transfering money from overseas account from an undeclared ad-hoc tran
I have money sitting in my sister's overseas account ( she's not a US citizen), proceed is from a property sale from abroad. It's over a $100K. Can I transfer it to my own US account w/o paying any ta… read more
Zhicheng Lai
Zhicheng Lai
Master Degree
426 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

4,512 satisfied customers

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

PhillipsEsq.

PhillipsEsq.

Attorney-at-Law

59 satisfied customers

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

Robin D.

Robin D.

Senior Tax Advisor 4

15,569 satisfied customers

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

Megan C

Megan C

Certified Public Accountant (CPA)

8,655 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