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
• thanks, Lexm5, the child is still a F1 status, does it count tow -blueskyus- ♀ (0 bytes) () 02/04/2014 postreply 16:56:41
• Google F1 visa gift tax -lexm5- ♀ (114 bytes) () 02/04/2014 postreply 17:44:49
• Thank you! It helped a lot! -blueskyus- ♀ (0 bytes) () 02/04/2014 postreply 20:14:48
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