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Tax implications for transferring my own tax paid savings from India to USA
Hi everyone,
I'm planning to transfer my own tax paid savings (>$100k) from India to USA via a forex transfer.
These savings (& source bank accounts) are well declared in my previous FBAR filing.
Will I own any income tax in USA on the money received via this forex transfer?
Thank you!
‎December 12, 2019
5:46 AM