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I am an international student on F1-OPT Visa, working for a software firm. I need to transfer money to my cousin who is a US Citizen. Does this have tax implications?
I am an international student in USA, working for a software firm on F1-OPT Visa.
I need to transfer money to my cousin who is a US Citizen. I plan to pay monthly in installments of 1-2K for around 1-2 years.
Will this have any tax implications or raise any questions?
I need to transfer money to my cousin who is a US Citizen. I plan to pay monthly in installments of 1-2K for around 1-2 years.
Will this have any tax implications or raise any questions?
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‎October 4, 2024
11:42 AM