Gifting to parents living outside US

[ac95035]

How much amount can you gift to your non-US parents living outside US for a given year ?

Can both the son and his spouse each contribute the same amount?

What is the best option - gifting from overseas account OR US account?

What US tax form is needed to be filled ?

Thanks,

[Critter]

https://www.fool.com/knowledge-center/the-tax-law-on-foreign-cash-gifts.aspx