Since this is not income, there is no income tax. However, it might be treated as gift to the child. see http://www.irs.gov/Businesses/Gifts-from-Foreign-Person
http://www.taxsamaritan.com/tax-preparation/foreign-gift-tax/
Since this is not income, there is no income tax. However, it might be treated as gift to the child. see http://www.irs.gov/Businesses/Gifts-from-Foreign-Person
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thanks, Lexm5, the child is still a F1 status, does it count tow
-blueskyus-
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02/04/2014 postreply
16:56:41
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Google F1 visa gift tax
-lexm5-
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02/04/2014 postreply
17:44:49
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Thank you! It helped a lot!
-blueskyus-
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02/04/2014 postreply
20:14:48
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