Hi,
my parents (non-US citizens) want to gift me a sum exceeding $100,000 which will be kept on an investment account outside of the US. No transaction to or from the US will take place. I am currently working in the US on a working visa, applying for the GC at the moment.
Am I, as a visa holder (non-US citizen), liable for any taxes on the gift?
Thank you
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Are you filing as a Non Resident Alien or a resident alien? If you are filing as a non resident alien then you should visit sprintax.com as TurboTax does not handle for 1040NR.
You may want to read this:
https://www.irsstreamlinedprocedures.com/gifts-from-foreign-person/
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