If I will be wiring/sending money sourced from my salary (US Bank) to a family overseas on a regular basis, does it need to be reported;if so,how should it be reported?
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If I will be wiring/sending money sourced from my salary (US Bank) to a family overseas on a regular basis, does it need to be reported;if so,how should it be reported?
If I will be wiring/sending money sourced from my salary (US Bank) to a family overseas on a regular basis, does it need to be reported;if so,how should it be reported?
The transfer of funds from a US account to a foreign account is not reported by you to the IRS.
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