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Nominee of a foreign bank account, gave the money away - do I report?
I was the nominee of a foreign bank account with a balance over $10,000. The intention was for me to give that money back to the account holders family. On the account holders passing, I received the money in my foreign bank account and immediately returned it to the original account holders family. I received no financial benefit from this money. Do I have to report it?
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‎April 5, 2025
7:58 PM