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Satesatedoshimasho
New Member

International wire transfer

I am legal resident in U.S. I am thinking to wire transfer about $200,000 from my bank in other country. Do I need to report to IRS or are there something I should be aware about regulation?
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‎November 16, 2019 11:04 PM
last updated ‎November 16, 2019 11:04 PM
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DoninGA
Level 15
Level 15

International wire transfer

Transferring funds from one of your bank accounts to another of your bank accounts is not a taxable event so is not reported by you to the IRS.

‎November 17, 2019 7:02 AM
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