https://ttlc.intuit.com/community/taxes/discussion/taxes-on-moving-funds-into-us/01/3541694#M1316308 <P>I moved larger funds of money via bank transfers to my US account when I moved here. These were just my savings I saved over the years. Are there any taxes to be paid on that?</P> Wed, 05 Mar 2025 18:15:01 GMT Julian95 2025-03-05T18:15:01Z https://ttlc.intuit.com/community/taxes/discussion/taxes-on-moving-funds-into-us/01/3541694#M1316308 <P>I moved larger funds of money via bank transfers to my US account when I moved here. These were just my savings I saved over the years. Are there any taxes to be paid on that?</P> Wed, 05 Mar 2025 18:15:01 GMT https://ttlc.intuit.com/community/taxes/discussion/taxes-on-moving-funds-into-us/01/3541694#M1316308 Julian95 2025-03-05T18:15:01Z https://ttlc.intuit.com/community/taxes/discussion/re-taxes-on-moving-funds-into-us/01/3541942#M1316309 <P>No taxes to be paid on money you already had. &nbsp;However, you may be required to file an FBAR to report foreign bank accounts.</P> <P>&nbsp;</P> <P><A href="https://www.irs.gov/businesses/small-businesses-self-employed/report-of-foreign-bank-and-financial-accounts-fbar" target="_blank">Check here to see if you are required to file an FBAR.</A></P> <P>&nbsp;</P> <P><SPAN style="background: var(--ck-color-mention-background); color: var(--ck-color-mention-text);"><a href="https://ttlc.intuit.com/community/user/viewprofilepage/user-id/5747453">@Julian95</a></SPAN>&nbsp;</P> Wed, 05 Mar 2025 19:08:59 GMT https://ttlc.intuit.com/community/taxes/discussion/re-taxes-on-moving-funds-into-us/01/3541942#M1316309 RobertB4444 2025-03-05T19:08:59Z