husband10
New Member

Tax question - Parent in India, wants to pay my home loan, directly to lender Wire Transfer

Hi all. 

 

Nobody answered this question here imo (as everyone considered if a person paying off money to your mortgage company, to pay off principal amount, is USA based). 

 

My question is simple: let's say My father living in India (aka non-USA person) wants to send $100k worth of money as "Wire transfer" directly to my mortgage company (i.e. to their wire account) to pay off my  home loan (providing my loan#, address, etc info ATTN: principal curtailment). 

 

Do I have to report Taxes in USA, in this case?

-- I never got the money to my checking/saving account. 

-- He is not in USA, Indian citizen. 

 

THANKS