Sarah R. asked

💰  Tax

My family in Vietnam wants to send me money as a gift/support. How much can I receive without needing to pay taxes, and do I need to report it on any form?

November 23rd, 2024

Melissa B. answered

In the US, gifts received are not taxable to the recipient. However, if the total amount of gifts re...

November 23rd, 2024

Sign Up to View Full Expert Answers

Create an account to view answers and interact with the community!

Sign Up with Email