https://ttlc.intuit.com/community/taxes/discussion/international-monetary-gift/01/3388393#M1247024 <P>Will my parents or I be taxed if my parents, not us citizens, gift me, a us citizen, a monetary gift of less than $100,000 via international bank transfer?</P> Wed, 11 Feb 2026 10:31:44 GMT Jt1234 2026-02-11T10:31:44Z https://ttlc.intuit.com/community/taxes/discussion/international-monetary-gift/01/3388393#M1247024 <P>Will my parents or I be taxed if my parents, not us citizens, gift me, a us citizen, a monetary gift of less than $100,000 via international bank transfer?</P> Wed, 11 Feb 2026 10:31:44 GMT https://ttlc.intuit.com/community/taxes/discussion/international-monetary-gift/01/3388393#M1247024 Jt1234 2026-02-11T10:31:44Z https://ttlc.intuit.com/community/taxes/discussion/re-international-monetary-gift/01/3388395#M1247033 <P>Under US tax law, the recipient of a gift is not taxed. &nbsp;Whether or not your parents owe payment of a gift tax depends on the laws of the country where they are living. &nbsp;The bank may generate an automatic report of large transfers of money, but you don't have any role in that process and it doesn't result in payment of any tax.&nbsp;</P> Tue, 17 Sep 2024 18:38:28 GMT https://ttlc.intuit.com/community/taxes/discussion/re-international-monetary-gift/01/3388395#M1247033 Opus 17 2024-09-17T18:38:28Z