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teep125
Returning Member

I'm 50. I moved to Thailand due to health issues and I have no income. My Thai parents give me cash every month. How do I file taxes? Thank you

I do have $40K in my savings account in the US.
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1 Best answer

Accepted Solutions
DoninGA
Level 15
Intuit Approved! This answer has been verified for accuracy by an Intuit expert employee

I'm 50. I moved to Thailand due to health issues and I have no income. My Thai parents give me cash every month. How do I file taxes? Thank you

If the interest received from the saving account is the only income your received and it is less than the minimum filing requirement when filing as Single, you do not need to file a 2025 US federal income tax return.

Cash received from your parents is not reported on a tax return.

 

Standard deductions for 2025

Single - $15.750 add $2,000 if age 65 or older
Married Filing Separately - $15,750 add $1,600 if age 65 or older
Married Filing Jointly - $31,500 add $1,600 for each spouse age 65 or older
Head of Household - $23,625 add $2,000 if age 65 or older

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2 Replies
DoninGA
Level 15
Intuit Approved! This answer has been verified for accuracy by an Intuit expert employee

I'm 50. I moved to Thailand due to health issues and I have no income. My Thai parents give me cash every month. How do I file taxes? Thank you

If the interest received from the saving account is the only income your received and it is less than the minimum filing requirement when filing as Single, you do not need to file a 2025 US federal income tax return.

Cash received from your parents is not reported on a tax return.

 

Standard deductions for 2025

Single - $15.750 add $2,000 if age 65 or older
Married Filing Separately - $15,750 add $1,600 if age 65 or older
Married Filing Jointly - $31,500 add $1,600 for each spouse age 65 or older
Head of Household - $23,625 add $2,000 if age 65 or older

MinhT1
Employee Tax Expert

I'm 50. I moved to Thailand due to health issues and I have no income. My Thai parents give me cash every month. How do I file taxes? Thank you

If you are a US citizen or US permanent resident, you are required to report your worldwide income. Money given by your parents is not income.

 

But if you have no income either in Thailand or the US (or your income is below the minimum filing requirement, you are not required to file a US tax return.

 

There is no reporting requirement for your US savings account.

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