Hi, I assume you mean US bank needs to report the transcation over 10,000 to IRS. But in person, if I transfer money to my spouse more than 10,000, I do not need to report it, right?
If my spouse is non-citizen, do I need to report my transfer to IRS? I assume I only need to report it to IRS if the total money I tansfer to my spouse is more than 167,000, right?
