turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

Kiki
Level 4

International wire transfer Requirement to report

I am a Green card holder living in the US. I wired $150,000 from my own bank account in a foreign country into my own bank account in the US. Do I need to report any form to the IRS when I file tax return?

 

 

Connect with an expert
x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

2 Replies
AmyC
Expert Alumni

International wire transfer Requirement to report

Wiring money to yourself has no tax consequence. It does tell me that you have money outside the country. Here is a comparison of the FATCA (Form 8938) and FBAR requirements.

 

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
Kiki
Level 4

International wire transfer Requirement to report

Dear ArmyC,

 

Thank you for your reply.  I appreciate it.

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question
Manage cookies