Yes, it states in Form 3520 instructions that you would file if you received 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. Since your wife received less than $100,000, there is not a a 3520 reporting requirement.
As an FYI, due to the Bank Secrecy Act, wire transfers are monitored between countries to comply with US Treasury regulations.
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
