My parent is a citizen of another country and do not leave in US and does not have green card. When they visited me before, I opened a joint account with them. They plan to visit again and stay longer with me. They are going to transfer some funds to this joint account. If the recipient of the fund is my parent name when they wire the fund from foreign bank account, do I still need to report this if it is over 100K since it is coming oversea and my name is also on the account? Thanks.
