Jamie B. asked
I am a non-US citizen in the process of applying for a green card. I am considering transferring US$500k from my personal bank account to my wife, who is a U.S. citizen. What are the tax implications of this transfer, and do I need to file any specific forms with the IRS?
December 15th, 2024
Kristy M. answered
When transferring a large sum of money to a U.S. citizen spouse, the recipient (your wife) typically...
December 15th, 2024
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