- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Deductions & credits
Thank you for this information.
Is it correct that the $100,000 is for the year? In other words, if another gift is given in the following year, as long as it is less than $100,000 it is not to be reported.
In the future, if we get an IRS audit, do we need to proof that it was a foreign gift? If so, how could we do that?
‎December 22, 2022
6:56 AM