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Deductions & credits
Hello
From IRS website
_____________
You are a U.S. person who, during the current tax year, received either:
More than $100,000 from a nonresident alien individual or a foreign estate (including foreign persons related to that nonresident alien individual or foreign estate) that you treated as gifts or bequests;
________________
Quick question, if my parents both wire $80,000 individually within one tax year. ( Sum as $160,000)
Do I need to file 3520 form?
Really appreciate for the help!
‎February 11, 2022
2:44 PM