So it's not 100% clear if it's taxable or not, and people send A LOT of transfers between bank accounts and brokerage accounts every day. The chance that they'd pick this up and send you a tax bill is fairly small.
Another approach would be to send the money back now, making this only a loan and not a gift. Then transfer again if needed outside the US. Could be a way to get peace of mind.
Another approach would be to send the money back now, making this only a loan and not a gift. Then transfer again if needed outside the US. Could be a way to get peace of mind.
Statistics: Posted by shcnno — Tue Jul 30, 2024 2:31 am
