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I have a dba investment partnership set up in Alaska. At the
I have a dba investment partnership set up in Alaska. At the time that we realize a profit, I will need to transfer funds to each partner using a Federal K-1 Form 1065. I don't believe I will have to … read more
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If my sister in india wiretransfers $25,000 worh in Indian rupees to my bank account, then … read more
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My wife and I have the same question as “I need an expert on IRS Form 3520. My parents are residents …” (http://www.justanswer.com/tax/4e59j-need-expert-irs-form-3520-my-parents-residents.html): a gif… read more
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Is there any tax consequences to me when a relative sends
is there any tax consequences to me when a relative sends money from their foreign bank to my account in usa?… read more
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If I open a foreign bank account in say France and transfer
If I open a foreign bank account in say France and transfer my US dollars to the account and convert it to euros and hold it for a period of time, how are the capital gains and losses treated on my US… read more
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My step-son and daughter-in-law from China lived with me and
My step-son and daughter-in-law from China lived with me and my wife and were dependents on my tax return for 4 years. During that time my daughter-in-law's parents supposedly sent them enough cash to… read more
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If I give foreign currency to relatives and friends, then it
If I give foreign currency to relatives and friends, then it revalues what are the tax implications?… read more
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Gains on foreign currency. If I give foreign currency to
Gains on foreign currency. If I give foreign currency to relatives and friends. Who pays the tax when it is cashed in?… read more
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How does the federal government tax gain on currency exchanges?
How does the federal government tax gain on currency exchanges? What are the rates? If an individual buys a certain currency and the sells it at a gain, what are the consequences for the individual?… read more
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I am going to be receiving a large amount of money soon. Is
I am going to be receiving a large amount of money soon. Is there anything I should do to help with lowering my tax liability. I have heard set up an LLC or trust or sub s corp. i will receive several… read more
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Re: Transfer of ownership is the means by which the
Re: Transfer of ownership is the means by which the ownership of a property is transferred from one hand to another. This includes the purchase of a property, assumption of mortgage debt, exchange of … read more
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I am a naturalized US citizen and going to live abroad with
I am a naturalized US citizen and going to live abroad with my parents (non-US citizens). 1. Do I have to pay any US tax on money I receive from my parents while I live abroad? I will keep a bank acco… read more
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The monies are hypothetical for ease of understanding, the
The monies are hypothetical for ease of understanding, the scenario is real. I have purchased Foreign Currency over time. Its value is more than the purchase price. I want to cash in my currency. The … read more
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Hello, I plan to buy a house. My parents who are residents
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Steve Grizey, I replied to your previous answer but evidently
Steve Grizey, I replied to your previous answer but evidently you didn't see this. Please open a new request. Tnx Sorry to belabor this request but some more information has come to light. My currency… read more
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Another partner of ours asked me to check on the tax liability
Another partner of ours asked me to check on the tax liability of the partnership when the funds are transferred from the currency dealer before we issue a check to the Gold/Silver dealer. He seems to… read more
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This is a question about gift tax and other implications of
This is a question about gift tax and other implications of gifts from a foreign national given in that national's country to an American taxpayer living in the US: If, for example, a wealthy Greek fr… read more
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My question Non US citizen investing in US, real estate .
My question: Non US citizen investing in US, "real estate". &n bsp; Is it better to invest as an individual or as a foreign company? &n bsp; Is there a difference in the tax consequence on the front e… read more
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