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I am a US citizen living abroad. Do I need to pay taxes if I transfer over $15,000 from my US bank account to my foreign bank account?

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I am a US citizen living abroad. Do I need to pay taxes if I transfer over $15,000 from my US bank account to my foreign bank account?

Transfer of funds from one personal account to another personal account is not a taxable event and is not reported on a tax return.

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