从中国的同名账号: I hope that you have reported your accounts at Chinese banks on your tax return by filing IRS form 114 (Report of Foreign Bank and Financial Accounts (FBAR)),and the interest income is already listed on your return. If not, you might get inquiries from IRS.
Your parents, siblings and you are all US citizens or Green Card holders.
Your parents or siblings each can give you $17K / year under annual gift tax exclusion in 2023.
Estate: One parent can give you $12.92M with the estate tax exemption, both parents $25.86M in 2023. Just need to file IRS form 709 to report the amount given that year.
补充一点: Who Must File the FBAR? A United States person that has a financial interest in or signature authority over foreign financial accounts must file an FBAR if the aggregate value of the foreign financial accounts exceeds $10,000 at any time during the calendar year.
yobo 发表评论于
Very helpful! Thanks a lot!
A quick question: If mother ( Chinese citizen) had made money in US ( already paid 1040NR income tax). Currently, all her asset is in US ( cash + partnership stake). Can she gift all her asset ( cash plus partnership stake) to her daughter ( green card) without tax consequence? Thanks!
