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Get your taxes done using TurboTax
As an individual, you are required to file form 3530 if you receive gifts or bequests of more than $100,000 from a foreign person.
See this IRS document.
If you hold foreign financial assets (such as a foreign bank account), you may be required to file Form 8938 and/or a FBAR.
See this IRS document.
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‎April 14, 2024
6:13 AM