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Deductions & credits
@2019paybacktime , while agreeing with my colleague @DoninGA for his very complete reply between your two posts on the subject, I just wanted to point out that if the foreign bank account ( the one receiving the wire transfers ) is owned by you or jointly by you and her or you have signature authority over a foreign account, you may come under FBAR regs ( form 114 -- only on-line reporting-- at FinCen .gov ).
Other than that @DoninGA has covered all the bases
‎November 7, 2023
1:12 PM
1,679 Views