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Get your taxes done using TurboTax
Hello:
Spouses can transfer an unlimited amount of money to one another and between accounts. No reporting needed. However; US banks are required to report transactions over $10,000 to the IRS just for your information.
Have an amazing day. Evelyn M (CPA 20+ years)
I would love a thumbs up 🙂 + Mark the post that answers your question by clicking on "Mark as Best Answer"
I would love a thumbs up 🙂 + Mark the post that answers your question by clicking on "Mark as Best Answer"
‎October 25, 2023
12:29 PM