- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Deductions & credits
You don't pay tax moving your own money from one account to another. You do/did owe income tax on any interest that the money has been earning in the Irish account for any years that you were a US taxpayer, even if you didn't get US style tax documents for the income. The banks will likely notify the IRS automatically due to the size of the transfer but this does not by itself create a taxable event for you.
‎June 6, 2019
6:39 AM