Hello! I currently live in the US and am on my F1 student visa. I have been living here since August 2018 and have been paying/filing taxes every year since, as a Non-Resident Alien (filing form 1040 NR). I wanted to transfer $20,000 from my personal checking account in the US to my father's personal bank account in the United Arab Emirates.
I was wondering if and what the tax implications would be. Is this something I need to report?
Thanks for any help provided.
