Hi, I will be receiving $20,000~ $30,000 daily from a different country for about 2~6 weeks from my parents and friends. I will then use those funds to purchase Crypto coins and send it back to where it came from. Just to let you know, nothing illegal here, I will be making profit from the different prices of crypto coins in different country. I won't be holding those funds, I would spend all of them right after I receive the money. but my incoming money history would easily exceed $1M in time. I know that I have to file Form 3520 if the value of gifts exceeds $100,000 in a year. But rather than the form 3520, Is there anything I have to know about rather than the form 3520?
