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Deductions & credits
Hello
It should be ok with $100.000 as this amount is not exceeding $100.000.
In the IRS website it says:
"For gifts or bequests from a nonresident alien or foreign estate, you are required to report the receipt of such gifts or bequests only if the aggregate amount received from that nonresident alien or foreign estate exceeds $100,000 during the taxable year. If the gifts or bequests exceed $100,000, you must separately identify each gift in excess of $5,000. "
‎November 12, 2021
11:07 AM