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Hello! Do non-resident aliens have gift tax exempt on gifting intangible properties? And is the money in US bank accounts considered intangible? Thanks!
I'm an F1 visa holder in the US. I file my tax return as an NRA. I'd like to transfer more than $14000 from my US bank account to my family overseas. I'm wondering whether I should pay gift tax and/or report to IRS.
‎June 3, 2019
12:36 PM