Is foreign cash gift from U.S resident(green card holder) needed to be reported on tax return? My mom is a U.S resident and she transferred $20,000 from her foreign bank account to my U.S bank account. I'm also a US resident and work in the US. According to IRS, Form 3520 only applies to those senders are nonresident alien . Since my mom is a U.S resident, how should I report the foreign cash gift? Thanks.
