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Do i have to fill out Form 3520 if I wired money to my GF in Colombia?

I've recently sent 4 wired transfers totaling $9,960.   Will i get taxed for this and do i have to fill out Form 3520?  

Thanks in advance.  

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3 Replies

Do i have to fill out Form 3520 if I wired money to my GF in Colombia?

A form 3520 is only required if you received a gift from a foreign individual that was over $100,000.

Do i have to fill out Form 3520 if I wired money to my GF in Colombia?

What about getting Taxed on that money.  Will i taxed and do I need to report it?  Thanks

Do i have to fill out Form 3520 if I wired money to my GF in Colombia?

No, it is not reported and No you will not be taxed on the funds that were sent.

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