Recent content by karkmon

Thanks a million.

"to someone living in another country" while that someone is in US on a visit?

Thanks Taxing Matters. Whether a person from another country, who is visiting US, can also receive cash gift from a US citizen living in US? In the future, if I am doing well financially, I am planning to give cash gift to my relatives (when they visit US again) who helped me now.

My apologies to Just Blue. Thanks everyone. My relatives visited from Canada (one aunt), Asia (brother), and Europe (another aunt). LdiJ: "It is not all that likely that the IRS will question the deposits, but if you have it in writing, it will help you prove that the money was not income. "...

Thanks Sir. One relative (brother) gave me 7K and two aunts gave me 4K and 5K, total 16K

What is the name of your state? Georgia I am a US citizen and have a small job. Recently, my relatives living in another country visited me and gave me few thousand dollars as cash gift. I want to deposit this in my bank account. Someone told me that IRS may come after me suspecting that this...