KennyL
Feb 4, 2012, 08:36 PM
I am a US resident alien and wants to make a cash gift to both my parents (non US residents) abroad above the annual exclusion of $13,000. I know that I will need to file the gift tax return (form 709). Do I need to file any other IRS forms, since the funds will be wired from US bank account (mine) to a non US bank account (foreign bank)?
Thanks
Thanks